
Fair Deal, No Loans: Peru’s US-Backed Naval Base
A deal to modernize Peru's naval base, backed by the United States, will upgrade Callao for $1,500 million, fully paid by Peru's own bonds, zero U.S. taxpayer dollars. Just 80 kilometers away, China's Cosco Shipping controls the Chancay megaport after a court ruling limited Peru's oversight. Keiko Fujimori, a likely incoming president, would push for closer defense ties with the United States and would scrutinize more closely China's role in Peru .











