U.S. Embassy Lima, Peru

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U.S. Embassy Lima, Peru

Peru Trade Investment Overview Lima,
Perú October 4, 2002
March 2002
(Logo source Red Cientifica Peruana)
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Macroeconomic Picture

• Strong Economic Fundamentals
• Very Low Inflation - less than one percent
• Solid GDP Growth - over 3.5 this year
• Prudent Fiscal and Monetary Policies

3
ATPDEA Expectations

• Export Expansion - key sectors are
• Textiles
• Apparel
• Footwear
• Processed Foods
• Expanded Jobs Expected
• Increased US and other Investment under way.

4
Economic Realities

• Per Capita GDP 2.103
• Real GDP Growth 3.5 - 4.0 this year
• Unemployment 9.5
• Underemployment 52.5
• Consumer Price Inflation - less than 1
• US Direct Investment approx. 6 billion
• Two way trade with U.S. 4.16 billion
• Average Tariff Rate- 11

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Key Peruvian Trading Partners

• United States
• European Union
• Colombia
• Venezuela

• Brazil
• China
• Japan

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Key Peruvian Exports

• Copper
• Tin
• Zinc
• Gold
• Petroleum

• Asparagus
• Coffee
• Fish
• Sugar

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Peru Investment Issues

• Stable Investment Climate is key to attracting
  committed, reputable investors
• Issues include
• Rule of Law
• Judicial Issues
• Increasing Transparency/Reducing Corruption
• Strengthening Intellectual Property Rights
  Protection

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Conclusion

• Kudos on Economic Performance - stable, strong,
  with good growth prospects
• Wealth of Human and Natural Resources
• Prudent Fiscal and Monetary Policy
• Focus on the Investment Climate

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Thank You!

Please keep up posted on your progress, and
contact us for your commercial needs!
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CONTACT US

Tel [phone] Fax [phone] Email
Lima.office.box_at_mail.doc.gov website
www.BuyUSA.com.pe