Business Outlook
As of August 2001, Peru ranks among the most liberal and open economies worldwide and offers prospective investors an unparalleled free market environment and a wide range of possibilities. After the implementation of far-reaching structural reforms and a development model based on a free-market economy regime, Peru is currently one of the best economic performers in Latin America. In 2002, the Peruvian economy registered an important increase of 5.2% due to increased private spending and 9.1% growth in exports, the highest performance in history. Imports increased by 3.5%.
Peru's main exports as of 2004 were to USA, China, UK, Chile, Japan, Spain, South Korea, Taiwan, Singapore, among others. Main exports to Singapore are Main exports to Singapore are fuel oils, canned seafood, fishmeal, cotton clothing, copper, grapes and ornamental fish.
Main export products are: Gold, copper, zinc and other minerals, fish-meal & other seafood products, textile & agricultural products.
Peru is estimated to have 16% of the world's known mineral resources. ( Copper, Gold, silver, Zinc, Tin, Lead and others )
This Embassy can provide you with a list of top importers and exporters.
Peru's current legislation provides that foreign investors in Peru will enjoy the same treatment, as Peruvian nationals, that all investors may access the foreign exchange market freely, and that all earnings on their investment may be disposed of at the investor's discretion, be it by reinvesting it in Peru, or sending it abroad.
As you can see, we have been working very hard to make Peru an appealing place for you to make business in. Not only will you find a country endowed with natural resources and skilled workers, but also, and perhaps more important, a legal framework and renewed infrastructure that will allow you to take advantage of such resources in long run projects, all in a climate of stability and security for your investment, guaranteed.
For more information:
http://www.proinversion.gob.pe
http://prompex.gob.pe
http://www.adexperu.org.pe
or contact us: (65) 6738 8595
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