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Business | 5 June, 2007 [ 10:30 ]

Peru's Garcia calls for strengthened ties with Brazil


(LIP-jl) -- Standing before an audience made up of Peruvian and Brazilian business representatives, Peruvian President Alan Garcia made a call to members from both groups to strengthen their commercial activities and economic ties so that both countries can aim at entering various Asisan markets.

President Garcia kicked off the Peru-Brazil Business Forum yesterday by stressing the importance that the Asian continent represents for both countries.

"The future belongs to those who can dominate trade with Asia. Because of this, we have begun conversations with the leaders of Chile, Colombia, Panama, and Mexico to build a unified trade front in the Asian-Pacific region," said Garcia.

Garcia emphasized Brazil's important role in such a possible organization by highlighting its enormous investment capabilities.

"The timing could not be better for Brazil, a supplier of large scale investments, to ally itself with Peru -a land of great possibilities and opportunities," Garcia added.

"We now have the opportunity to tap into those vast investment supplies by land, and Brazil has the chance to partner up with a country that can provide stability in future endeavors," stated the president who referred to the mega-Inter-Oceanic Highway project that will connect South America's Atlantic coast (Brazil) and Pacific Coast (Peru).

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