Saturday, March 19, 2016

www.worldtradecenterperu.com Blog - Portal


World Trade Center Peru is an informative blog-Portal, where you may find important information on products and services also is aimed at foreign companies interested in learning about Peruvian economy and social local and international events,  establishing contacts with Peruvian exporting/importing products and services.

The blog - Portal provides information on the Peruvian exportable supply regarding services/products according to its presentation, markets ranking and commercial contacts.

Through our LIKEDIN and FACEBOOK professional networking groups online, you will be able to find Peruvian exporting companies and internationals business contacts
  • At international level, Peru has developed a network of international investment treaties, nowadays, Peru has 31 current agreements.  Besides, the possibility for preferential access to extended markets through commercial agreements, markets that might be accessed by the investor from our country. Peru has signed Commercial Agreements with its main partners, such as Free Trade Agreements with the U.S.A. and China and a Partnership Agreement with the European Union.
  • The optimum panorama offered by Peru for the development of investment projects is acknowledged by main organizations and risk assessment centers which have placed Peru among “investment grade” countries.
  • INVESTING IN PERU:
    • Peru shows a scenario of sustained economic expansion, which is essential to attract investments.  In the year 2010, the economic activity reached a growth of 9%, the exports rose by 32% and private investment rose by 22% exceeding US$ 27,000 million. 
    • In addition to the macroeconomic growth reached for 9 consecutive years, there are positive expectations for the following years based on announcements of public and private investment project execution, growth of internal consumption and the responsible economic policy that has strengthened the financial system, maintained public expenditure and reduced the debt-GDP ratio, providing strength to Peruvian development. It is projected that as from 2011 the GDP will grow above 6%, which is its structural potential of growth.
    • Since over two decades ago, Peru has assumed a wide opening investment policy, setting a coherent, promoter, stable and transparent legal framework based on equality of conditions for foreign and domestic investments, which was also reflected in the Constitution.  Our legal framework for foreign investment is one of the most modern and less restrictive ones worldwide, and it reflects principles that orient investment policies at international level.
    • Moreover, Peruvian regulations have special regimes providing stability and help the investor in the pre-operational stage of investment projects.
  • Countless natural resources available for transformation: basic and precious minerals, hydrocarbons and great capacity for hydric energy generation, among others.
  • Optimum climatic conditions and land with agricultural potential: they guarantee high agricultural yield on the Peruvian coast, particularly high value crops (fruit and vegetables), in which Peru has been consolidating as an important worldwide exporter.  Furthermore, there is a great potential of development in the Andes or the rainforest, from which we obtain products with high nutritional content - such as Andean cereals - and exotic fruit, of growing consumption in Asian countries.
  • Biodiversity: Peru has the majority of climates or life zones in the world; it is the second country in Latin America in terms of natural forest extensions and it has a vast coast; besides, it is the main exporter of fish flour and oil.
  • Growing cities: Lima, the capital city of Peru, has nearly 10 million inhabitants, and there are other fast developing cities, with urban percentage of around 65%.
  • Strategic location in the Southern Hemisphere: Peru is a natural aero commercial hub as it is located in the center of South America, a few hours by plane from main American capital cities and with a growing investment in port infrastructure to intermediate the South American trade with Asian Pacific countries with preferential customs treatment.

                               www.worldtradecenterperu.com


Sunday, June 2, 2013

Peru’s net international reserves total US$68.22 billion at May 28,2013

Peru’s net international reserves totaled US$ 66.1 billion at May 28, 2013, the Central Reserve Bank (BCR) has reported.
Lima
Lima's financial center. Photo: ANDINA / H├ęctor Vinces.

This amount of reserves is higher by US$ 2.1 billion with respect to 2012 year-end.

Likewise, BCR stressed the country’s reserves represent 33 percent of GDP. 

Furthermore, they are equivalent to more than 6 times the amount of the short-term external debt, and to 19 months of imports, better levels than the other countries in Latin America.


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Wednesday, May 8, 2013

PERU BECOMES THE EIGHTH RICHEST COUNTRY IN LATIN-AMERICA..!


Peru became the eighth richest country in Latin America, moving to ninth place in Colombia, according to an analysis of digital publishing Latinvex, based on new data from the International Monetary Fund (IMF).
The publication, detailing the figures used Andina-parity purchasing power (PPP) of gross domestic product (GDP) per capita to measure wealth.



The Peru sustain its economic growth above 6 percent in coming years, the ratings agency Fitch Rating. "From the point of view of a rating look that Peru has a consistent macroeconomic management, responsible and promotes continued private investment. Believe that economic policy remains in that direction"

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Saturday, April 27, 2013

PERU SEEN AS A GREAT OPPORTUNITY FOR INVESTMENT BY THE WORLD ECONOMIC FORUM. 2013

 Co-chair of the 2013 World Economic Forum on Latin America Arne Sorenson said this week that business people in the tourism sector are seeing Peru "as a great opportunity for investment."
World Economic Forum on Latin America 2013 is taking place in Lima, Peru. Photo: ANDINA/Oscar Farje
World Economic Forum on Latin America 2013 is taking place in Lima, Peru. Photo: ANDINA/Oscar Farje
Sorenson noted that the growth projections for investment in Peru's tourism and hotel sector are highly influenced by economic growth and increased business activities in the country.
"We are glad to be in Peru and we find great investment opportunities here. When talking with our partners, they are very positive about the things that can be done here and we want to work with the Peruvian and Latin American industry," said Sorenson, who is president and CEO of Marriott International.
Marriott, one of the world's premier hospitality companies, has opened four hotels in Peru and plans to open 150 hotels in Latin America over a seven year period, he added.
The Marriott CEO participated in this week's World Economic Forum on Latin America as a speaker in the panel: Latin America in the Current Global Context.

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Friday, April 5, 2013

7th Andean Forum on Finance and Investment is in Peru this coming June, 201


Peru’s Economy Minister Luis Miguel Castilla will lead the 7th Andean Finance and Investment Forum, to be held in Lima, Peru, on June 4-5, according to Latin-finance.

Peruvian Economy Minister, Luis Miguel Castilla. Photo: Andina / Juan Carlos Chavez
The forum is explicitly designed to connect financiers, international and local investors, and leaders from the Andean public and private sectors.

LatinFinance is organizing this important regional investment forum to explore investment opportunities in the main Andean markets through discussion, presentations and one-on-one meetings.

The ongoing development of the Andean region's capital markets, solid performances and active issuances by its leading companies, and the boom in intra-regional investments are all underpinning capital flows into and across the regions, event organizer said.

Other speakers include Julio Velarde, President of Peru's Central Reserve Bank (BCR); Francis Pilkington, Corporate Finance Director of Gloria Group; and Luiz Fernando de Castro, director of Odebrecht Latinvest.


THIS EVENT WILL BE HELD AT THE WESTIN HOTEL & CONVENTION CENTER NEAR THE FINANCIAL DISTRICT OF SAN ISIDRO - LIMA  JUNE 4 - 5  OF 2013. 

FREE REGISTRATION IS LIMITED AND RESTRICTED TO SENIOR COORPORATE OFFICERS, INSTITUTIONAL INVESTORS AND HIGH RANKING PUBLIC SECTOR OFFICIALS. ALL OTHERS ARE WELCOME TO ATTEND FOR A FEE.

Monday, March 4, 2013

PERU`S ECONOMY GREW 6.28% IN 2012, IT MAY GROW HIGHER IN 2013


Lima, March  (ANDINA). Peru's gross domestic product increased by 6.29 percent in 2012, after expanding 4.31 percent in December.
Photo: ANDINA/Vidal Tarqui
Photo: ANDINA/Vidal Tarqui
The National Institute for Statistics and Information, or INEI, said Friday that Peru's economy has now expanded for 40 straight months, accumulating 14 years of continuous growth.
The INEI said that construction rose 15.17 percent in 2012, while retail sector activity increased 6.71 percent. Mining and hydrocarbons production gained 2.15 percent last year.
Electricity and water production gained 5.21 percent, while the farming and manufacturing sectors increased 5.08 percent and 1.32 percent respectively in the year.
The only sector that declined in 2012 was fishing which was down 11.92%. Peru's GDP expanded by 6.9% in 2011, after expanding by 8.8% in 2010.

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Thursday, February 21, 2013

BUSINESS CLIMATE IN LATIN AMERICA ROSE TO IT`S HIGHEST LEVEL IN 18 CONSECUTIVE MONTHS..!

according to the indicator released today by a private economic research center named, Getulio Vargas Foundation (FGV) of Brazil and the University of Munich.



The economic sentiment indicator called Latin America in January stood at 5.5 points above last October's 5.2 points and 5.0 points in January 2012, according to the quarterly survey conducted by the two institutions between 138 specialists from 18 countries.

The indicator was not as high measured from 5.6 points in July 2011, before it fell to 4.4 points in October 2011 as a result of the worsening of the international economic crisis.

Good expectation
According to the study, the business climate rose between October 2012 and January this year, mainly driven by the expectation that the situation will improve, since the evaluation of the current situation deteriorated slightly.

While the indicator called Outlook, which assesses specialists projections for the next six months, up from 5.3 points in October to 6.0 points in January, the Current Situation Indicator, which assesses the situation, down from 5.1 points 4.9 points over the same period.

Although the business climate improved in general in Latin America, in some countries the situation deteriorated * between October last year and January 2013, mainly in Venezuela, where the rate fell from 3.4 to 1.5 points; Ecuador, which fell from 5.0 to 4.0 points, and Bolivia, with a drop of 6.0 to 5.4 points.

In Brazil, the largest regional economy, the Economic Climate Index fell slightly in October from 6.1 points to 5.9 points in January.



Paraguay and Peru last month shared the best rated country status for business, with 7.0 points, followed by Chile (6.6), Uruguay (6.3), Brazil (5.9), Mexico (5.7), Bolivia (5.4), Colombia ( 5.3) and Argentina (5.2).

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