(Photo provided to Xinhua Daily Media Group)

Chancay Port in Peru and Suzhou Port in China's Jiangsu Province signed a sister port agreement on the morning of March 3 at the Chinese Embassy in the South American nation.

"The two ports will enhance exchanges and cooperation in shipping resources, port development and talent, thus creating a cost-effective, efficient, and low-carbon maritime logistics corridor,” said Li Haifeng, Deputy Director of the Suzhou Port Management Committee Office.

This agreement was built on the sister city relationship established between Suzhou and Chancay last November. Previously, heads of states from both countries witnessed the inauguration of Chancay Port, a collaborative project under the Belt and Road Initiative.

The new port has reduced sea freight time between the two countries to 23 days. Notably, the first vessel docking at Chancay Port was from Suzhou's Taicang Port.