Brazil and China sign a bilateral cooperation agreement for a feasibility study
Photo: MINCETUR Perú.
According to an article by the media outlet RPP, Brazil and China signed a cooperation agreement to carry out the feasibility study for a bi-oceanic railway that would connect the port of Ilheus in the state of Bahia in Brazil with the port of Chancay in Peru.
This new bi-oceanic railway line is intended to create a route that boosts bilateral trade between the Latin American market and the Asian continent, facilitating exports and imports between the two regions.
Regarding this project, Brazil’s Ministry of Transport stated that on behalf of the People’s Republic of China, the state-owned company China State Railway will be involved in the environmental, economic and social feasibility studies of the bi-oceanic railway.
As mentioned, the project will connect the port of Ilheus with that of Chancay, which was built in Peru as part of the Belt and Road Initiative in the previous year, 2024, with financing from the People’s Republic of China.
Initial plans for the new bi-oceanic railway line envision the railway starting in the state of Bahia in Brazil, specifically at the port of Ilheus, and crossing through the states of Goias, Mato Grosso, Rondonia and Acre, before reaching its final destination in Peru: the port of Chancay.
Last but not least, Brazil’s Ministry of Transport emphasized that this bi-oceanic railway will be a decisive project for Brazil’s foreign trade, positioning the Latin American country as a key exporter of goods to the Asian market, and more specifically to the People’s Republic of China.
* Original text in Spanish. Translated by Large Language Model (LLM) technology.
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