The Government of Peru has declared its intention to appeal a recent judicial ruling that restricts oversight of the Chancay port—a significant infrastructure project funded by the Chinese state shipping company, Cosco. The port, which represents an investment of $1.3 billion, has drawn attention due to its exclusivity from state regulation and supervision, a ruling made by a Peruvian judge in favor of Cosco. The court determined that while the Organismo Supervisor de la Inversión en Infraestructura de Transporte de Uso Público (Ositrán) could regulate the service fees of the port, it could not supervise any other operations handled by the privately-owned facility.

In its public statement, the Presidency of the Council of Ministers (PCM) expressed concern over the implications of this ruling, as it undermines state authority over major infrastructure critical to the nation's economy and security. The PCM suggested that if the court ruling were upheld—contrary to their interests and various media predictions—they would pursue all available legal options to ensure compliance with current legal frameworks. This indicates a high level of governmental resolve to maintain at least a degree of oversight on such pivotal projects.

The broader impacts of this court decision resonate within the context of Sino-Peruvian relations and investment dynamics, especially considering the significant financial engagement from China in Peru's infrastructure development. Critics have pointed out that the nature of this ruling may set a precedent affecting future foreign investments and their regulation within the country. Therefore, the appeal process is not merely a legal formality but could also alter the landscape of foreign investment policies moving forward in Peru.