LIMA, June 11 (NNN-ANDINA) — The Executive Branch has authorized Peruvian Economy and Finance Minister Carlos Oliva’s visit to New York (U.S.) aimed at participating in coordination meetings with foreign investors on June 11-13.
According to a Supreme Resolution —published in El Peruano official gazette— the high-ranking official will participate in the meetings in order to promote investment advantages of the Inca country.
Oliva’s trip takes into account the degree of investment reached by Peru, which has been reaffirmed by risk-rating agencies and based on the nation’s economic strength.
Furthermore, the resolution highlighted these gatherings are considered of national interest for Peru.
Foreign Affairs Minister Nestor Popolizio will take over the Economy and Finance portfolio during Oliva’s absence.
Separately, Peru’s trade balance registered a trade surplus of US$259 million last April leading to US$1.486 billion in the first four months of 2019, the Central Reserve Bank (BCR) has reported.
Exports reached US$3.719 billion dollars in April, according to the issuing body.
The exported volume increased 2% due to higher shipments of copper and fishmeal, whereas prices fell 4.2%.
In that month, traditional exports totaled US$2.708 million, and non-traditional exports reached US$996 million.
Imports totaled US$3.46 billion in the fourth month, when purchases of foreign inputs and capital goods increased, but those of consumer goods fell. — NNN-ANDINA
