US backs modernization of Guatemalan Pacific port to counterbalance China's expansion
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US backs modernization of Guatemalan Pacific port to counterbalance China's expansion
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.
·Caracas, Venezuela, Bolivarian Republic of
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