“How can the Chinese investment in the Port of Chancay in Peru favor Brazil? China is building a new $3 billion port in Peru to improve maritime communication lines and increase trade in the Latin American market.
The Port of Chancay is important geopolitically for the Brazilian state because it will allow Brazil to expand its sea power by becoming a bioceanic country, the port terminal will also serve as a Latin American hub to promote the region’s trade with Asia-Pacific, and Brazil’s balance of trade will benefit by reducing transportation time and costs to countries in Asia and Oceania”. (…)
🔻 The author: Izan Araujo is Master in Geography (Human Geography) at the University of São Paulo, Brazil (2017).
🔳 The Policy Brief is produced in partnership with the International Institute of Geopolitics and Strategic Intelligence (IIGSI/USA), the Centre for Geopolitics and Foreign Affairs Studies (CENEGRI) and the Laboratory of Geopolitics, International Relations and Antisystemics Movements (LabGRIMA/Federal University of Pelotas, Brazil).
