Andina

Peru's exports to reach US$55 billion in 2019


00:00 | Lima, Oct. 10.

Peruvian exports will amount to US$55 billion in 2019, driven by improved performance in the traditional sector, Foreign Trade and Tourism Minister Rogers Valencia projected.

"We are looking for a better use of the 19 existing trade agreements signed by Peru," Valencia said as he presented his sector's budget specifications before Congress.

These commercial alliances give the Inca nation preferential access to 55 countries and more than US$3.5 billion consumers.

Plus, Peru ranks third among the fastest growing countries in the world and first in the Americas in terms of exports.

"20 years ago, Peru decided to be a country open to the world, which is part of its State policy," he pointed out.

The minister explained that a budget line of S/110.2 million (about US$33 million) has been allocated for next year.

"The aim is to make a better use of the opportunities offered by trade deals," he underlined.

A series of measures have been taken to achieve such goal, including the strengthening of multimodal transport, the improvement of cabotage, the incorporation of new agents as foreign trade operators, among other things.

(END) SDD/MDV/RMB

Published: 10/10/2018