The Capricorn Bioceanic Corridor (CBC) is an infrastructure initiative connecting Brazil, Paraguay, Argentina, and Chile, designed to enhance regional integration, boost trade efficiency, and provide a transport link between the Atlantic and Pacific Oceans. Spanning approximately 2 300 kilometres, the CBC aims to reduce trade costs, facilitate access to major markets, and strengthen regional value chains in agriculture, mining and manufacturing. It is expected to be completed by late 2026 or early 2027.