“The visit by Peruvian President will help to solidify the excellent state of relations between both countries and will contribute to increasing trade and investment,” said Carlos Aquino Rodríguez, director of the Centre for Asian Studies, at San Marcos National University in Peru in a recent interview with China News Network, while talking of bilateral relations between Peru and China.
President Dina Ercilia Boluarte Zegarra of the Republic of Peru is on her ongoing state visit to China from June 25 to 29. In the context, Aquino shared his opinions on Latin America-China relations, bilateral economic and trade cooperation, and other potential areas of cooperation.
Solid investment ties promise more economic and trade cooperation
“China has been Peru’s largest trading partner and one of its major foreign investors. More than 30 billion dollars have been invested by Chinese companies in Peru, an amount that makes Peru the second largest destination for Chinese currency in Latin America (the first is Brazil),” said Aquino, hailing the fruitful outcomes reached between the two countries in economic, trade cooperation, and investment.
Citing the country’s Chancay port project funded by China on the Pacific coast as an example, Aquino said that it will become South America’s most modern port after completion.
He also pointed out that the port will turn Peru into a trade hub in the region for trade and exchanges with China and the wider Asia.
https://www.ecns.cn/cns-wire/2024-06-28/detail-ihectfhk5570323.shtml