DAVOS (Switzerland), Jan 19 (NNN-ANDINA) — Peru’s Foreign Affairs Minister Ana Cecilia Gervasi called on foreign investors to trust Peru’s macroeconomic soundness and take advantage of the opportunities offered by the South American country.
Within the framework of her participation in the World Economic Forum (WEF) in Davos, the Peruvian Cabinet member said it is a fact that the economy will continue to grow, consolidating Peru as a reliable partner.
“There are multiple opportunities in the country that can be taken advantage of,” Gervasi expressed at a forum on the political situation in Latin America.
The Peruvian Government representative indicated that the current crisis situation constitutes an opportunity to reaffirm common values of cooperation and solidarity.
Similarly, the high-ranking official pointed out that President Dina Boluarte‘s Government maintains a commitment to the population so that the country’s growth becomes more equitable.
In this sense, she said it is important to implement new social pacts so as to strengthen the State role with the aim of moving towards the consolidation of a more just society.
On the political and social situation in Peru, Gervasi lamented the deaths which have occurred in recent weeks in the context of protests, thus expressing her condolences to the bereaved.
To deal with this context —she said— the Executive Branch established a multisectoral commission aimed at attending to the injured citizens and the relatives of the deceased.
Steps have also been taken to guarantee the right to defense of peaceful protesters, Gervasi indicated.
Meanwhile, Peruvian Ambassador to Spain Oscar Maurtua affirmed that Spain is Peru’s largest commercial-economic partner in the European Union (EU) due to the volume of trade and investment in recent years.
He explained that one of the main factors that consolidated this alliance was the entry into force of the Free Trade Agreement between Peru and the EU in 2013, which has generated and promoted the development of intense commercial activity.
“Spain has established itself as Peru’s main trading partner, as well as the largest investing country in the EU (the second-largest in the world) with an approximate value of US$45 billion in the last 30 years,” he remarked at the International Tourism Trade Fair (FITUR) in Madrid, Spain.
In this case, Maurtua reported that bilateral trade reached €1.32 billion in the first half of 2022, while in 2021 it totaled €2.46 billion.
The Ambassador recalled that Spain is Peru’s second-largest foreign investor, with operations amounting to €5.25 billion in 2021, mainly in the telecommunications, finance, energy, trade, and industry sectors.
The high-ranking official pointed out that said figure has increased by 5.24% over the last five years, contributing to the creation of more than 1.2 million direct and indirect jobs in the country. — NNN-ANDINA
