Business

Majaz roundtable discussion suspended

Cabinet Chief Jorge Del Castillo walked out on a roundtable discussion yesterday with community representatives in Piura department. The meeting was intended to resolve conflicts between local residents and the Majaz mining company. Residents accuse Majaz of fraud, illegally appropriating community land and damaging the environment. Del Castillo abruptly suspended […]

by · December 7, 2007 · Comments are Disabled · Environment, Mining

Megaprojects to quench Lima’s thirst

Peru’s Housing Minister, Hernán Garrido Lecca, signed an agreement with the Japan Bank of International Cooperation (JBIC) yesterday to fund two major water project and improve water supply in Lima — the world’s second largest desert city after Cairo. The $100 million development fund will underwrite a planned water treatment […]

by · December 6, 2007 · Comments are Disabled · Business, Environment

Peru government plans training for rural communities to prepare for FTA

Over 4,000 rural communities in Peru will receive State training to alleviate economic difficulties from the free trade agreement with the United States. According to the National Program for Watershed Management and Soil Conservation (PRONAMACHCS), farmers will receive the training so they can take advantage of new opportunities provided by […]

by · December 6, 2007 · Comments are Disabled · Business

U.S. Senate approves Peru FTA

The United States Senate has overwhelmingly approved a free trade agreement with Peru today. The 77 – 18 vote in favor of the accord awaits the ratifying signature of U.S. President George W. Bush. ¨This definitive approval of the FTA opens Peru to the worlds largest market and consolidates the […]

by · December 5, 2007 · Comments are Disabled · Business