GLOBAL UPDATE: Paraguay Moves to Bypass the Panama Canal With New $450 Million Bioceanic Corridor by 2026
Paraguay has announced a bold strategic move to reduce its dependence on the Panama Canal by advancing the construction of the Bioceanic Corridor, a massive $450 million infrastructure project designed to open faster, more reliable trade routes — particularly for exports to China. The new corridor is expected to be fully operational by 2026, marking…