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Event Brief

The Road That Wants to Rival the Panama Canal

Paraguay's Bioceanic Corridor aims to capture cargo from the Panama Canal with a $200 million loan from the IDB.
WHO: Inter-American Development Bank (IDB)
WHAT: Approval of a loan for the Bioceanic Corridor project
WHEN: Feb 16, 2026 at 8:05 AM ET
WHERE: Chaco
WHY: To capture up to 40% of cargo currently using the Panama Canal
Sources (1): Rio Times

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