Commerce

Biofuel debate and global warming hold center stage at EU-Latin America summit

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 […]

Garcia describes bright future for Peruvians with investment grade rating

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 […]

García promotes objectives to increase relations during China visit

President Alan García laid out 10 objectives to increase relations with China by 2015 during a meeting with his Chinese counterpart Wednesday. The meeting came on the second day of García’s visit to the Asian country and follows official meetings in Japan earlier this week. García told President Hu Jintao […]