Peruvian entrepreneurs trust US institutionalism

Martín Pérez, Presidente de la CONFIEP. Foto: ANDINA/Melina Mejía

15:42 | Lima, Nov. 9.

National Confederation of Private Business Associations (Confiep) Chairman Martin Perez ruled out Donald Trump's US presidential victory might have a negative impact on Peruvian economy.

Although there is uncertainty concerning his campaign message, his attitude will be different once he takes office as US President, Perez projected.

"[…] I don't believe the [Peru] Free Trade Agreement with the US might be observed," the officer also forecasted.

He went on to add the US exports a wide variety of goods to Peru. Likewise, bilateral trade relations "evidently prove there is positive job creation."

"I do believe American institutionalism does not allow setbacks, and President Trump [...] will go on the road that has allowed the United States to become the world's main superpower," he affirmed.
Investment seeks returns

In this sense, he noted investors make decisions thinking of profits rather than politics.

Likewise, he ruled out Trump's triumph might affect job creation in Peru, due to existing Peru-US trade relations.


Published: 11/9/2016