The United States announced it has approved a $1.5 billion deal to expand a naval base in Peru, as China funds another massive port. The U.S. State Department reported that Peru requested the purchase of $1.5 billion worth of equipment and services to modernize its main naval base, Callao, located near Lima's international airport. The department stated in a statement that this deal 'enhances the security of an important partner (for the United States) who is a driving force for political stability, peace, and economic progress in South America'. The department clarified that about 20 Americans from the public and private sectors will be in Peru for up to 10 years as part of this project. The United States...
US Approves $1.5B Deal to Expand Peru Naval Base
The US has approved a $1.5 billion deal to expand a naval base in Peru. The deal aims to modernize the Callao base, which Washington believes will strengthen security in the region. American specialists will be involved in the project.