Andina

Peru President highlights trade, investment consolidation with EU

Presidente Pedro Pablo Kuczynski se reunió con miembros del Comité de Comercio Internacional del Parlamento Europeo.

Presidente Pedro Pablo Kuczynski se reunió con miembros del Comité de Comercio Internacional del Parlamento Europeo.

18:20 | Lima, Feb. 16.

Peruvian President Pedro Pablo Kuczynski on Friday underlined the consolidation of economic relations with the European Union (EU), a major trade and investment partner for the Inca country. The trade balance between both parties exceeds US$11 billion.

"After five years in force, the Multiparty Trade Agreement with the European Union has enabled a significant rise in non-traditional exports, as well as the increasing participation of Peruvian SMEs," the Head of State affirmed. 
 
Joined by top government officials, President Kuczynski held a work meeting with members of the European Parliament's Committee on International Trade (INTA) and the European Parliament’s Committee on Petitions (PETI) at the Government Palace. 

Both delegations agreed on the relevance of promoting the fight against climate change, which President Kuczynski reiterated as a priority for Peru given its vulnerability to its effects.

In this sense, EU members addressed Peru's efforts in terms of environmental public policies and national strategies.  

The meeting also covered the role of the technical and economic cooperation the European Union provides to the Andean nation.
 
The meeting saw the presence of an INTA delegation chaired by Bernd Lange including Adam Szejnfeld, David Campbell, Inmaculada Rodriguez-Piñero, Ramon Jauregui, Nadja Hirsch, and Helmut Scholz. 

The PETI delegation was composed of members such as Renate Weber, Carlos Iturgaiz, Angela Vallina, Bodil Valero and Gabriela Zoana.

(END) NDP/MVB

Published: 2/16/2018