STUTTGART (Germany), Oct 13 (NNN=ANDINA) — Pres Dina Boluarte on Thursday met with a group of German entrepreneurs and executives, whom she invited to invest in Peru.
She held a meeting with entrepreneurs and executives of the Business Association for Latin America (LAV), to whom she explained the country’s policies on infrastructure and those aimed at closing social gaps.
The Head of State participated in the “Latin America Day” event, organized by the Business Association for Latin America (LAV) in the German city of Stuttgart. It was attended by businesspeople and authorities from the European country.
There, the president made it clear that Peru remains committed to multilateral efforts in favor of peace as well as the fight against: terrorism, poverty, organized crime, and climate change.
Within this framework, the top official emphasized her administration’s condemnation of the attack against Israel recently perpetrated by Palestinian group Hamas. In this sense,she reiterated solidarity with the Israeli Government and people.
Concerning the bilateral relationship, the president pointed out that Germany is the fifth-largest investor in Peru, as well as its second most important partner in the European Union.
Similarly,Boluarte indicated that bilateral trade amounted to US$1.2 billion between January and July 2023.
The top official underscored that in 2022 Peruvian exports to Germany totaled US$1.207 billion, led by transactions in the mining and agricultural sectors.
Regarding German investments, the Peruvian president indicated that these exceed US$2.1 billion, which are linked to transportation, logistics, food, and renewable industries, among other sectors.
“Investments have been made into infrastructure projects such as the Port of Chancay, projects at Jorge Chavez International Airport, the Choquequirao cable car (system), the Lima Metro, as well as policies regarding openness to investment and growth through social inclusion,“ she said at the meeting.
For their part, German investors showed interest in the policies set out by Pres Boluarte.
The Head of State landed in Germany on Thursday morning and is expected to hold various working meetings with both entrepreneurs and authorities in said country.
Boluarte reiterated her invitation to investors from this European country highlighting Peruvian economic strengths.
“Peru is a reliable partner in the international arena,” she said, adding Peru’s economic policy characterized by macroeconomic discipline, fiscal solvency, and trade openness.
After Germany, Pres Boluarte will travel to Rome (Italy) and the Holy See, as part of the working trip that she is making until Oct 15, as approved by the Congress of the Republic. — NNN-ANDINA
