The Trump administration’s direct warning that Peru is “losing sovereignty” over Chancay port marks critical escalation from previous surveillance-focused containment.
A local judicial ruling exempting Chancay from Peru’s infrastructure regulator Ositran oversight creates unprecedented regulatory vacuum—Chinese-owned strategic infrastructure operating outside national supervisory frameworks governing every other major Peruvian port.
When COSCO acquired 60% of Peru’s Chancay port in 2019, China’s regional investment stood at just US$6.39 billion.
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