Excerpted editorial from today’s El Comercio newspaper:
The fourth round of negotiations between Chinese and Peruvian representatives to reach a free trade agreement (FTA) has been very arduous. This is mainly due to the fact that China has hardened its position concerning very sensitive issues for Peruvians, though commitments had previously been made by both parties.
This […]

Since his term began in July 2006, President Alan Garcia has mailed out more than 300 dispatches to invite top businessmen from Chile and 51 other countries to invest in Peru.
Garcia’s press secretary released the information to Peruvian journalists to head off criticism about a story published Sunday in the Chilean daily La Tercera, which […]

Foreign affairs and commerce ministers from the Andean Community of Nations have ended a three-day meeting on a sour note, with Peru accusing Bolivia of stonewalling its efforts to strengthen common intellectual property rights — a requirement that must be met for Peru to start its free trade deal with the United States.
“Obviously, Peru will […]

President Alan García is to confirm Thursday, at the opening of the APEC Trade Ministers Meeting in Arequipa, the signing of free trade agreements (FTA) with Canada and Singapore.
Peru concluded its FTA negotiations with Canada during the World Economic Forum in Davos, Switzerland in January, with both countries seeking to diversify their markets in the […]

President Alan Garcia lauded a report by the National Statistics Institute that showed Peru’s poverty rate dropped more than 5 percentage points in 2007. But he also warned Peruvians that the figures could be fleeting.
“Just as there can be hiccups of growth that later drop, there too can be hiccups of poverty reduction that later […]

Excerpted editorial from today’s El Comercio newspaper:
Another ungrateful junkyard dog. This time it’s an Andean breed with two heads? Once more, the Bolivian and Ecuadorian governments have made obvious their obstructionist agenda and politicking within the Andean Community of Nations (CAN).
Bolivia and Ecuador maliciously insist on throwing a monkey wrench into the works in […]

President Alan García set speedy passage of a free trade pact and overcoming a quarrel within the Andean bloc about the rhythm of negotiations with Europe on Thursday as he inaugurated the EU-Latin American summit.
“It is necessary to accelerate the signing of a free trade agreement between the Andean Community of Nations and the European […]

Garcia_eu-latin_america_summit_opener
by peruviantimes

Cabinet ministers and high-ranking government officials from 57 countries are in Lima, meeting behind closed doors for the Fifth European Union-Latin America and Caribbean Summit to find common ground on poverty reduction, free trade and a coordinated defense against global climate change.
Sixteen heads of state are expected to arrive by Friday to sign the Declaration […]

President Alan Garcia enthusiastically told Peruvians on Thursday that the nation’s promotion in its foreign currency debt to investment grade by Fitch Ratings will soon translate to more jobs, better salaries and lower interest rates.
“What is the concrete effect of this rating? That all the world’s banks, the financial institutions, the pension funds of the […]