on Thursday underscored the ties existing between Peru and Germany.
"Peru is a reliable partner in the international arena," Mrs. Boluarte said in this regard. This responds to an economic policy characterized by macroeconomic discipline, fiscal solvency, and trade openness, she indicated.
The Head of State participated at the
"Latin America Day" event, organized by the
Business Association for Latin America (LAV) in the German city of Stuttgart. It was attended by businesspeople and authorities from the European country.
There, the president made it clear that Peru remains committed to multilateral efforts in favor of peace as well as the fight against: terrorism, poverty, organized crime, and climate change.
Good bilateral relationship
Concerning the bilateral relationship, the president pointed out that Germany is the fifth-largest investor in Peru, as well as its second most important partner in the European Union.
Similarly, Mrs. Boluarte indicated that bilateral trade amounted to US$1.2 billion between January and July 2023.
The top official underscored that in 2022 Peruvian exports to Germany totaled US$1.207 billion, led by transactions in the mining and agricultural sectors.
Regarding German investments, the Peruvian president indicated that these exceed US$2.1 billion, which are linked to transportation, logistics, food, and renewable industries, among other sectors.