Business in Peru, Lima. Peruvian Economy

1. Introduction to Peru (Andean Community)
2. Peruvian Economy
   1. Economic Profile of the Peruvian Regions
3. Economic Sectors of interest:
   1. Textiles
   2. Tourism
   3. Services
   4. Infrastructure
   5. Call centers
4. Peruvian International Trade
5. Investment in Peru
   1. Set up a Company in Peru
6. Business in Lima
7. Case Study.
   1. Business Opportunities in agribusiness, textile, and services
   2. CAMPOSOL Group
   3. Creditex
8. Case Study: Transport and Logistics in Peru.
   1. South Inter-oceanic Hub
9. Access to the Peruvian Market
10. Business Plan for Peru

International Trade and Business in Peru:

The objectives of the subject “International Trade and Business in Peru” are the following:

1. To analyze the Peruvian Economy and Global Trade
2. To identify business opportunities in Peru
3. To explore the Peruvian trade relations with the student's country
4. To know the Peruvian Trade Agreements
5. To examine the profile of the Peruvian Companies
6. To develop a business plan for the Peruvian Market

The Subject “Foreign Trade and Business in Peru” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: American Business, World Trade.

Languages: or Perú Perou Peru.

1. Credits of the subject “Doing Business in Peru”: 3
2. Duration: three weeks

1. Peru and the Hispanic American Economic Area
2. Andean Community
3. APEC
4. Latin American Integration Association (ALADI)
5. Pacific Alliance
6. Union of South American Nations (UNASUR)
7. Latin American and Caribbean Economic System
8. Peru has trade agreements with Chile, MERCOSUR, EU, and the EFTA
9. Singapore-Peru Agreement
10. U.S.-Peru Agreement
11. Peru-Canada Agreement
12. Japan-Peru Agreement
13. Peru-South Korea Agreement
14. Mexico-Peru Trade Integration Agreement
15. Panama-Peru Agreement
16. Peru-Honduras Agreement
17. Costa Rica-Peru Agreement
18. Peru-Australia Agreement
19. Peru-China Agreement
20. UK-Ecuador-Peru Free Trade and Economic Integration Agreement
21. Global System of Trade Preferences
22. Agreement for Trans-Pacific Partnership
23. Trade Negotiations Among Developing Countries
24. MERCOSUR (associate member)
25. SICA (observer country)

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. BIC
4. Chicago Convention (ICAO)
5. IMO
   1. Istanbul Convention - not a member
6. Customs Convention on Containers - not a member

1. Inter-American Development Bank
2. OAS
3. ECLAC
4. Africa-South America Summit
5. CELAC
   1. EU-CELAC Summit
6. East Asia-Latin America Cooperation
7. Summit South American-Arab Countries

1. UN
2. WB
3. IMF
4. PEEC

1. The Republic of Peru is located on the western coast of Latin America
2. The Borders of Peru are Brazil, Bolivia, Chile, Colombia, and Ecuador
3. The Peruvian capital, Lima (8 million people) is the largest city in the Andean region
4. The Departments of Peru are Amazonas, Ancash, Apurímac, Arequipa, Ayacucho, Cajamarca, Cusco, Huancavelica, Huanuco, Ica, Junín, La Libertad, Lambayeque, Lima-Provinces, Loreto, Madre de Dios, Moquegua, Pasco, Piura, Puno, Saint Martin, Tacna, Tumbes, and Ucayali) and Callao
5. Peruvian major languages: Spanish is the official language, while Quechua and Aymara are co-officials
6. Peruvian Population: 31 million people
7. Area of Peru: 1,285,216 km². Peru is the third largest country in South America, after Brazil and Argentina
8. Independence of Peru from Spain in 1821
9. Abolition of Slavery in Peru: 1854
10. African Diaspora in Peru: 0.5 million people (2% of the Peruvian population)

Religion in Peru: Christianity (31 million). Catholicism (24 million) and Protestantism

Peru belongs to the Hispanic American Economic Area of Western Civilization.

Peruvian Economy

1. Peru has strong economic ties with the American and the Asian markets
2. The economic forecast seems favorable to Peru in the next years, based on the foreign direct investment (mining, industry, communications, and energy), international trade and local consumption
3. Lima is the economic, financial, and foreign trade centre of Peru
4. Lima (8.5 million people - Source: INEI), generates 35% of the industrial production and 53% of the Peruvian GDP
5. Lima is the home of the largest Peruvian and multinational companies
6. Arequipa is the “city with the highest economic growth in Hispanic America” (Source: America Economia)
7. The Peruvian agribusiness sector (Food and agricultural production) has grown significantly due to the dynamism in food products exports in the last four years (annual growth of 20%)
8. The Peruvian telecommunications sector is one of the fastest economic growth in Peru
9. Peru is increasingly oriented toward Asia-Pacific (APEC and TPP)
10. Peruvian currency: Nuevo Sol (PEN)

Peruvian international trade.

1. The Port of Callao is the largest international trade port in the Andean Community
2. Main Exports of Peru are mining (copper, gold, molybdenum, silver, and zinc: 58% of Peruvian exports), agriculture, fishing, hydrocarbons products, and manufactures
3. Peruvian exports augmented 13% and recorded 31,529 million dollars (3.5 times higher than in 2002)

Foreign direct investment in Peru.

1. Spain, the UK, and the U.S. are the main foreign direct investment (FDI) sources in Peru

(c) EENI Global Business School (1995-2024)
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