Diplomat: Peru and US Close to Signing Deal to Counter Chinese Influence in Region
By Reuters
December 05, 2019 10:45 PM
LIMA, PERU - Peru and Washington are in the final stages of talks on a deal to promote American investments in the South American country as part of a U.S. initiative to counter Chinese influence in the region, a Peruvian diplomat told Reuters.
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"The Trump administration is interested in balancing Chinese influence in the region a bit," Cecilia Galarreta, the director of North American affairs in Peru's foreign ministry, told Reuters on the sidelines of an event on Thursday.
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China replaced the United States as Peru's top trade partner years ago and Chinese companies are increasingly investing in infrastructure projects in the Andean country.
"We've had meetings with delegations from the United States that have strongly insisted on the importance of the greater presence of North American companies investing here, especially in infrastructure," Deputy Foreign Minister Jaime Pomareda told Reuters on the sidelines of the same event.
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