The Peruvian Government will propose changes to the Free Trade Agreement (FTA) with China with a view to the summit of APEC 2024which will have the Chancay megaport as the cornerstone for its commercial showcase to the world. During a breakfast organized by the Chinese Chamber of Commerce (Capechi), The Vice Minister of Foreign Trade, […]
Tag: APEC
Chinchero Airport has progress of only 10%, they warn
Cusco’s Chinchero International Airport is one of the most important airport projects in South America, according to the Ministry of Transportation and Communications (MTC); However, the work is not even more than 10% complete, when it should be at least 30% complete for completion next year. This has been warned by Werner Salcedo, regional governor […]
Port of Chancay is 56% built
The Chancay megaport will represent a “revolutionary change” in international trade and in 30 years it will consolidate us as the gateway to the Pacific basin, according to the president of the Council of Ministers, Alberto Otárola, because it will bring us closer to China and allow us to be the point starting point for […]
2024 will bring an economic rebound that is insufficient to address social emergencies
The recession will leave us with a hangover so long that it cannot be compared to the one that welcomes millions of Peruvians in these first hours of the new year. Although the official data for 2023—by the INEI— it will only be known in February, it is expected that GDP fell between 0.6% and […]
The value of land at the Chancay Megaport multiplies: how much are they worth now?
With one year to go until the inauguration of the Chancay Multipurpose Port Terminal, better known as the Chancay Megaport, has already energized the economy of this part of the country. In the words of the mayor of this northern town, Juan Álvarez Andrade, the land has substantially increased in value. “The closer they are […]
Biden urges APEC members to ensure AI makes improvements
US President Joe Biden on Friday urged Asia-Pacific economies to work together to ensure that artificial intelligence (AI) brings improvements and does not abuse workers or limit their potential. Speaking at the final session of a two-day summit of the 21-member Asia-Pacific Economic Cooperation (APEC) in San Francisco, Biden said he had briefly discussed AI […]
APEC: Petro questions world leaders for allowing war in Israel
The Colombian president, Gustavo Petropointed out this Thursday to the world leaders in the Asia-Pacific Economic Cooperation Forum (APEC)among whom were the American Joe Bidenfor its role in current wars. “Those who allow war, barbarism sit here”said Petro during his speech at the APEC leaders’ summit, of which Colombia is not an official part, and […]
AMLO invites Xi to visit Mexico during a meeting focused on fentanyl
The Mexican president, Andrés Manuel López Obrador (AMLO)invited this Thursday his Chinese counterpart, Xi Jinpingto visit Mexico, during the meeting they held in San Francisco (USA) and which focused on cooperation to stop drug trafficking. fentanyl. At the end of the meeting, held on the sidelines of the Asia-Pacific Economic Cooperation Forum (APEC, in English), […]
As trade alliance falters, Biden will seek to emphasize economic ties in APEC
The president of USA, Joe Bidenwill highlight on Thursday his country’s strong ties with the economies of the Asia Pacific Economic Cooperation (APEC) Forumdespite having failed to make progress on crucial trade provisions sought by nations in the region. Biden, who held an anticipated summit with Chinese President Xi Jinping on Wednesday, will address a […]
Biden and Xi agree to restore military communication in “productive” summit in the US
The president of USA, Joe Bidengreeted the “productive” meeting he held with his Chinese counterpart Xi Jinping this Wednesday in California, in which both leaders agreed to reestablish military communications in a bid to reduce tensions. The leaders of the two superpowers began their first meeting in a year with a handshake in the Filoli […]