BACKGROUND

ECONOMY

The Peruvian economy estimates growth of 4% in 2019, mainly for three reasons:

(i) the consolidation of private consumption
(ii) the continued expansion of private investment that will compensate for the weak growth of public investment
(iii) the improvement of the volume of mining exports.

INVESTMENT

Peru is an interesting destination for investment for different reasons, its rapid expansion has helped reduce the poverty rate by almost 18% in the last seven years, to around 21.8% of its total population by 2015. In addition, it is a member of the Pacific Alliance, which seeks to facilitate the liberalization of trade in the region, and has an FTA with countries that represent 58% of the global GDP.

LOCATION

Peru is in an unbeatable geostrategic location in the western part of South America. Its territory borders Ecuador, Colombia, Brazil, Bolivia and Chile. It is settled with sovereignty over 1'285,215 km2 of land and 200 nautical miles of the Pacific Ocean, as well as 60 million hectares in Antarctica.

INTERNATIONAL SUPPORT

Peru has been a member of the United Nations since 1949, it is also a member of several regional groups, including the Rio Group, the Latin American Economic System, the Latin American Integration Association, and the Andean Community. He is also a permanent member of APEC, UNASUR, and the Pacific Alliance.