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APEC: Political and financial opportunities for Peru

Exportaciones Callao Puerto Contenedores

Exportaciones Callao Puerto Contenedores

12:57 | Lima, Aug. 31.

Engaging in trade with member-countries of the Asia-Pacific Economic Cooperation (APEC) was highlighted by ABAC (APEC Business Advisory Council) Peruvian representative, Juan Francisco Raffo.

"Belonging to this bloc has led to success on every sphere, not only on trade. Likewise, it has benefitted investments by facilitating capital flows into Peru and adapting new modern business practices," he was quoted as saying by El Peruano official gazette.

In this line, world-economies China and United States are two important trading partners of the South American country, the representative indicated.

APEC

The bloc's entrepreneurs belong to the APEC Advisory Council, which members are directly are appointed by leaders of the forum. They meet four times a year, in order to design proposals to be channeled to APEC Heads of State.

Likewise, he pointed out that suggestions are aimed at paving the way Peru must follow with regard to "trade, investment and circulation of people," among others.

Before closing the next Manila-based Summit, the South American country will assume the APEC Presidency to organize the next Leaders' Meeting in November 2016.

"[...] over 100 ministerial meetings will be scheduled. Likewise, it will be a great opportunity for the Peruvian business sector to establish contact with executives of top enterprises," Raffo pointed out.

(END) DOP/JRM/AVV/MVB


Published: 8/31/2015
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