, because it not only placed the country on the world stage.
The government official stated that the
APEC 2024 Summit has enabled CEOs of major global companies to view Peru as a serious and secure country,
with solid macroeconomic foundations and the necessary economic freedoms to undertake any type of activities.
"That is what foreign investors admire about Peru: the freedoms that exist in this country," he asserted during an interview with TVPeru.
The Cabinet member indicated that private investment is expected to reach US$50 billion in 2025, a level never before recorded by the country, which will allow for "giant strides" toward development and progress.
"Peru is back, as President Dina Boluarte has stated. At this moment, the Ministry of Economy and Finance has a delegation in China negotiating a treaty to reach a double taxation agreement, and our negotiation agenda is fully booked for all of 2025 because many countries want to sign these agreements," Arista underscored.
"And why is that? Because their own investors are telling them: we want to go to Peru, but you need to negotiate a treaty to prevent double taxation. And that is very good for Peru," he added.
Considering that China has over 1.3 billion consumers, this opens up vast opportunities for employment, production, markets, and sales for Peru, he noted.
APEC Peru 2024 has enabled the country to strengthen strategic alliances in trade, technology, and sustainable development, consolidating Peru's role as a key partner in the region, which will positively impact economic growth, generating more employment opportunities for Peruvians.