Peruvian President Martin Vizcarra on Friday affirmed the
, but also in noticeable economic benefits, as it increased the commercial exchange.
According to the Head of State, before the 1998 Brasilia Agreement was signed, bilateral trade did not even exceed US$300 million.
However, once peace
had been consolidated, the trade balance expanded up to US$3 billion.
"It is stable, but nowadays trade relations are considerably greater than before," he stressed.
The statesman went on to add that —although this has been a positive increase— it is not sufficient and could grow even more.
Within this framework, the top official indicated he supports the possibility of Ecuador becoming a member of the Pacific Alliance (AP), the trade bloc comprised of Peru, Chile, Colombia, and Mexico.
"(…) How could we not give priority to a neighboring country, with which we share the Pacific Ocean and is willing to join," he underlined.
Furthermore, President Vizcarra stated it is necessary for both nations to work together in order to confront crime.
It must be noted Binational Cabinets constitute a mechanism for political dialogue to be held between two countries with the purpose of working on specific issues of common concern included in the bilateral agenda.