The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday.
Item 1 of 2 Dragline excavators stand at the construction site of a new Chinese mega port, in Chancay, Peru August 22, 2023. REUTERS/Angela Ponce/File PhotoDragline excavators stand at the construction site of a new Chinese mega port, in Chancay, Peru August 22, 2023. REUTERS/Angela Ponce/File PhotoLIMA, April 29 -
Economy Minister Jose Arista said in an interview with local radio station RPP that he had received the letter but not yet replied. "Our thinking is that will soon be up for a second vote in Congress, which will calm the mood," Arista said.
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