The Peruvian government, which has been governed since the beginning of this month by the new Prime Minister Gustavo Adrianzén, revoked Article 2 of the Resolution of the Council of the Autoridad Portuaria Nacional (APN) of 10 February 2021 awarding COSCO Shipping Ports Chancay Peru, the company 60% owned by China's COSCO Shipping Ports is 40% owned by Peru's Volcan Compañia Minera, the exclusive right to operate the new port of Chancay, which is under construction by China's China Harbour Engineering Company ( of 24 January 2019 and 28 May 2021). To be precise, it is not known whether the Lima government has imposed the revocation of this concession of monopoly. What is certain is that the authority The National Port Authority explained that it had "corrected an error administrative' as - he specified in a note - 'not shall have the legal competence to grant exclusivity of services'. The appointing authority pointed out that, however, 'the process of construction and future operation of the Port of Chancay will not be affected' and that 'the appointing authority will continue to work with COSCO Shipping Ports to the activities shall commence on the date specified.' The inauguration of the port, in fact, is scheduled for the end of this year.

The revocation of the exclusivity has provoked several criticisms, including yesterday's by parliamentarian Roberto Sánchez, who at the time the concession of the management of the new large port to COSCO Shipping Ports Chancay, and the exclusivity of this activity to the joint venture, he was Minister of Foreign Trade and tourism. Complaining that the current government has not allocated the resources for public investment in the region where it is located. When the port was built, Sánchez expressed strong concern for the appointing authority's decision to initiate 'litigation administrative authorities in order to annul - denounced - decisions which it had decided with COSCO Shipping'. Remembering that it is It is an agreement, which sets out commitments and powers, which is was signed three years ago, Sánchez highlighted the the need to always promote investment by ensuring procedures and legal certainty necessary to achieve them with the Absolute transparency.

Meanwhile, if the COSCO group, expressing surprise at the announcement of the appointing authority, has made it known that it is assessing the impact of the annulment of the exclusivity on the development of the project, the CHEC, recalling that the Peruvian port is one of the of the Belt and Road reference projects in Latin America Initiative, the new Silk Road announced ten years ago by the government in Beijing to develop the trade relations of the China with foreign countries also through investments in infrastructure, He took up an article from ten days ago in the government newspaper "People's Daily" which points out that the project will become a new model of pragmatic cooperation between the China and Peru, an article in which it is pointed out that "the arrival of of Chinese companies has changed the face of the community," with cited incidents such as that of a child in the Santa Rosa Community, renovated as part of the project who, "with a face beaming with joy", received as a gift from the representative of the Chinese manufacturers of the Chancay port a small backpack with cartoon images. "The arrival of Chinese companies," said the manager of the Comunidad de Santa Rosa, Mauricio Perauna, to the newspaper Chinese - has changed the face of the community. We all We look forward to the speedy completion of the Port of Chancay who will play an important role in the promotion regional economic development'.