The Chinese company COSCO, a leader in port terminals management has purchased Chancay terminal (60 percent stake) in the north of Lima.
After Chile, Ecuador also joined the news Silk roads. Latin American states seem increasingly open to a lasting partnership with Beijing. On December 11, 2018, Ecuadorian President Lenin Moreno arrived in Beijing for a three-day official visit, during which he met with Chinese President Xi Jinping.
French adn Chinese foreign ministers, Jean-Yves Le Drian and Wang Yi, in a joint declaration, expressed their strongest political commitment to respect the Paris agreements on climate change and affirmed their support for the next COP24 to be held in Katowice.
Chile reaffirmed its willingness to increase trade with China. On October 1, 2018, Roberto Ampuero, the Chilean Minister of Foreign Affairs, announced that his country would soon join the BRI.
From 19 to 22 January 2018, the China-CELAC Forum took place in Santiago de Chile. Chinese Minister of Foreign Affairs Wang Yi encouraged Latin American and Caribbean states to expand their trade with China.
On November 17, 2017, Panama’s President Juan Carlos Varela met with Chinese President Xi Jinping and Premier Li Keqiang during a state visit to China. The two presidents signed a cooperation agreement under the “Belt and Road” initiative. Thanks to