The President of Peru, Dina Boluarte, held a constructive meeting with her Chinese counterpart, President Xi Jinping, during the Asia-Pacific Economic Cooperation (APEC) forum in San Francisco. Their discussions revolved around significant infrastructure projects and potential investments, with a particular focus on strengthening trade ties between the two nations.
Among the key topics discussed was the Belt and Road Initiative, a massive infrastructure project led by China with the aim of connecting the nation to global markets. President Boluarte expressed Peru's interest in collaborating on this initiative, recognizing its potential to enhance connectivity and trade opportunities.
One of the notable projects under discussion is the megaport in the coastal city of Chancay, which is currently in construction with Chinese funding. President Boluarte announced that this megaport is set to be inaugurated in 2024. She emphasized that this development will not only boost free trade but also attract new Chinese investments, further solidifying the economic partnership between Peru and China.
In an effort to strengthen diplomatic ties and facilitate ongoing collaboration, President Boluarte extended an invitation to President Xi to attend the annual meeting of APEC country leaders, which Peru is scheduled to host next November. This gesture underscores Peru's commitment to fostering international cooperation and promoting trade in the region.
The meeting between President Boluarte and President Xi signifies a positive step towards expanding trade and economic opportunities between Peru and China. It highlights the mutual interest in infrastructure development and investment, paving the way for enhanced trade relations in the future.