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Panama Canal rail alternative built by China considered by Colombia

February 14, 2011 Comments off

A 136 mile rail alternative to the Panama Canal built by China is being considered by Colombia in a move that would boost trade between Asia and South America.

Panama Canal rail alternative built by China considered by Colombia

The project is one of several Chinese proposals designed to help boost transport links between the two continents.

The ‘dry canal’ would link Colombia’s Atlantic and Pacific coasts by rail, according to Juan Manuel Santos, the president of Colombia.

“It’s a real proposal… and it is quite advanced,” he told The Financial Times. “I don’t want to create exaggerated expectations, but it makes a lot of sense.”

The project is one of several Chinese proposals designed to help boost transport links between the two continents.

It is also hoped the rail link would help encourage the US to ratify a four-year-old free-trade agreement. Agreements with Colombia and Panama, which would Read more…