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US backs modernization of Guatemalan Pacific port to counterbalance China's expansion

Summary by Merco Press
Guatemala and the United States have announced a US$ 125 million initiative to expand Puerto Quetzal, the largest Pacific port in the Central American country, in a move to counterbalance China's presence in the region through its current prevalence in the Panama Canal in addition to the projected Nicaragua interoceanic crossing already under construction.

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Merco Press broke the news in Caracas, Venezuela, Bolivarian Republic of on Wednesday, February 26, 2025.
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