LIMA PERÚ - FEBRERO 15. Los parlamentarios de la Unión Europea, Renate Weber y Bernd Lange en conferencia de prensa para informar sobre el balance del Acuerdo Comercial con nuestro país tras 5 años de su implementación. Foto: ANDINA/Melina Mejía
Peru is a good destination for foreign private investments, as it has a stable and democratic system, Committee on International Trade of the European Parliament (INTA) Chair Bernd Lange affirmed.
As is known,
Lange paid a two-day visit to Lima last week with the purpose of reviewing progress in the implementation of the
EU-Peru Free Trade Agreement, as well as strengthening bilateral relations.
According to the official, Peruvian economy's performance "was better than that of other countries," despite the crisis that gripped the world during recent years.
"I see an acceptable and good growth in recent years. A developing country needs a high [GDP] growth rate to create new jobs and possibilities for investment, and I think Peru is on the [right] way," he told El Peruano official newspaper.
Likewise, he underlined
trade relations between the European Union and Peru "are quite good, even better than those with other trading partners."
In this sense, the official affirmed food, fishery, and agricultural products —such as
coffee, cacao, bananas, and chocolates— enjoy a great export potential in the Eurozone.
EU-Peru FTA
The European Union is one of the three most important markets for Peru and the first foreign investor in the South American nation.
Between 2013 and 2015, the bloc's foreign direct investment flows into the Inca country increased 15% and reached around US$12 billion.
It is worth mentioning Inca exports to the EU —in 2017— amounted to US$6.485 billion, whereas imports totaled US$4.868 billion, thus leading to a US$1.617 billion surplus.
(END) JAA/MVB
Published: 2/21/2018