New Peru port to boost trade with LatAm – DTI

The Philippines expects its trade ties with Latin America to get a boost from the recently inaugurated Chancay Port in Peru.

-  LOUELLA DESIDERIO

Acting Trade Secretary Cristina Roque, who was appointed by President Marcos as his special envoy to the Asia Pacific Economic Cooperation (APEC) Economic Leaders' Week, said in an interview with Newsyman in Peru that the new port is expected to open opportunities for Philippine exporters.

"That will really shorten the time, the shipment time from here, Peru, all the way to Asia or to the Philippines. So that's really a big plus. So there will be a lot of trade now that will be happening between Latin America and the Philippines and in Asia," she said.

With the new port expected to accommodate larger vessels, Roque expects a significant boost in trade between Latin America and the Philippines.