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Peruvian president: Chancay mega port to boost cross-border logistics

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02:03

Peruvian President Dina Boluarte met with authorities of Chinese shipping giant COSCO in Shanghai on Thursday. COSCO is the majority shareholder of the Chancay mega port, a signature project under the Belt and Road Initiative in Latin America. Boluarte said it will be a leading logistics hub for cross-border transportation in the South American-Pacific region. The port is expected to be inaugurated in November.

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