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Business News from Peru


Approval of trade deal normalizes relations between Peru and Chile

The ratification of the Peru-Chile Economic Complementation Agreement at the Chilean Senate shows that bilateral relations "have been normalized," apart from the maritime dispute between both countries, said the head of the Foreign Affairs Commission, Alejandro Aguinaga.

Lima Region to participate in first international investment forum

Lima’s Regional Government will participate in the First International Investment Forum in the Regions called "Peru Regions 2008", which will be carried out by Proinversion, Confiep and the Presidency of the Council on July 11.

Carriers of Interoceanic South to save $302 million due to lower transport expenses

Carriers of the Interoceanic South Highway’s stretches 2, 3, and 4 will save 302 million dollars, according to a study carried out by the Research Center of the Universidad del Pacifico which was concluded in March and published in June, informed today the general manager of the consortium Conirsa, Luis Weyll.

Pisco exports amount US$ 470 thousand between January and May

In the first five months of this year Pisco exports totaled 470, 913 dollars, an increase of 36 percent compared to the same period in 2007, when exports totaled 345, 450 dollars, reported Peruvian Exporters’ Association (Adex).

Malls Peru started construction of Trujillo’s shopping center with $20 million investment

Malls Peru informed today that started the construction of the new shopping center denominated Los Jardines Open Plaza in Trujillo (La Libertad), which is the fifth of the Open Plaza chain and that will demand an investment of 20 million dollars.

Italian companies interested to develop sanitation and petrochemical projects in Peru

Italian business leaders are interested in developing sanitation, petrochemical and heavy industrial machinery projects in Peru due to potencial market growth and the country's good economic performance, Embassy of Italy business representative in Lima, Francesco Tafuri said Thursday.

China, Peru reaffirm political will to smooth out bilateral FTA negotiations, says Aráoz

The minister of Foreign Trade and Tourism, Mercedes Aráoz, indicated today that Peru as well as China reaffirmed their political will to smooth out negotiations of the bilateral Free Trade Agreement (FTA).





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