Peru to provide financial support for citizens in earthquake-hit Japan

Peru is to provide financial support to its citizens in Japan who are looking to return home following the magnitude-9.0 earthquake that hit the Asian country last week, President Alan Garcia said Wednesday. “To the Peruvian who wants to return, we have to help,” state news agency Andina reported Garcia as saying. “The Peruvian that [...]

Peru expects to finalize trade deals with South Korea and Japan in April

Foreign Trade and Tourism Minister Martín Pérez said Friday that Peru is expecting to finalize free trade agreements with South Korea and Japan next month. “In the beginning of April, negotiators will meet during a new round with South Korea, while a meeting with Japan is scheduled for the week of April 26,” Radio Programs [...]

World Bank approves $330 million loan to help Peru mitigate climate change

The World Bank Board of Executive Directors approved a $330 million loan Tuesday to help Peru’s recently created Environment Ministry improve and strengthen the environmental management of key sectors such as mining, urban transport and biodiversity conservation. “The World Bank has decided to support Peru resolutely in the implementation of environmental policies permitting sustainable development,” [...]

García backs China during violent Tibetan protests

President Alan García concluded his visit to China today by reportedly expressing support for the Chinese crackdown against Buddhist monks in the Tibetan capital Lhasa during the largest protest by ethnic Tibetans against Chinese rule in the Himalayan region since 1989. According to daily El Comercio, García told Chinese Prime Minister Wen Jiabao, “the Peruvian [...]

García meets Japanese counterpart to strengthen ties; Japan pledges $300 million in aid

President Alan García and his Japanese counterpart, Prime Minister Yasuo Fukuda, signed a joint declaration Monday on environmental and climate change issues during the first official meeting between leaders of the two nations in nine years. According to Agencia Andina, Peru and Japan will collaborate in reducing green house gas emissions beyond 2012 and cooperate [...]