Andina

President Castillo calls on U.S. businesspeople to invest in Peru

Photo: ANDINA/Presidency of the Republic of Peru

Photo: ANDINA/Presidency of the Republic of Peru

11:03 | Los Angeles (U.S.), Jun. 9

The President of the Republic Pedro Castillo on Thursday invited businesspeople from the United States to continue investing in Peru without any fear and, instead, with the greatest calm and confidence.

Mr. Castillo participated in the second round of meetings of the IV CEO Summit of the Americas

On this occasion, the Head of State was joined by Economy-Finance Minister Oscar Graham and Peru's Representative to the Organization of American States (OAS) Harold Forsyth.

The event also saw the presence of top executives at companies well known around the world and with presence in Peru. Among attendees were the representatives of Amazon, Citigroup, Coca-Cola, Freeport-McMoRan, Google, Microsoft, PepsiCo, Pfizer, and others.

After mentioning that he had received a centralist administration scheme, the President remarked that his Government stands for decentralization and seeks economic growth hand-in-hand with the development of the peoples.

Under that premise, the top official invited businesspeople to travel with him anywhere in Peru, where —he assured— the clamor of the peoples will be favorable for them to invest and carry out their activities relying on social license.

As Mr. Castillo mentioned, his administration received 39 historically-forgotten social conflicts, and stagnant or uncompleted public works, such as hospitals, due to the problem of corruption.

"(…) If investments must be carried out, let's do so directly with the community, through us, who are the actors and the official voice along with community leaders," he expressed.

"This is a Government that will give you the greatest confidence; do it (invest) with the greatest tranquility," he added after stressing the need for businesspeople and the State to join efforts with the people.

The President also affirmed that his administration works to keep the economy balanced and urged stakeholders to dispel any doubts in the face of some divisive voices.

(END) VVS/CVC/MVB

Published: 6/9/2022