Good trade between Spain-Peru attracts investments, Exports grew 21.7 percent

Peru and Spain enjoy good bilateral trade relations

Peruvian prime minister Jorge del Castillo held talks with the vice-president of the Spanish government, María Teresa Fernández de la Vega, at the Moncloa Palace, where they emphasized the strong economic and trade ties between Peru and Spain. According to Moncloa sources, Fernández de la Vega congratulated Del Castillo on the progress of the Peruvian economy. Both politicians discussed about common interest Peru and Europe, such as Spanish companies operating in the country. They also commented about the details for the next summit of the European Union, Latin America and the Caribbean (EU-LAC) to be held in Lima in the month of May. (ANDINA – click here to read complete article)

Spanish businessmen keen to invest in Peru

A group of Spanish businessmen has shown keen interest to come to Peru and invest in Lima’s long-awaited electric train system, the Callao dock and the domestic flight market, announced prime minister Jorge del Castillo. During his last visit to Spain, Del Castillo met with a group of Spanish businessmen who were eager to make investments in the Andean country. Two Spanish companies are interested in Lima’s electric train project, while another Spanish enterprise is planning to invest in the Callao dock. (ANDINA – click here to read complete article)

Peruvian exports grew 21.7 % in February

Peruvian exports increased 21.7 percent to more than 2.3 billion dollars in February showing a continuing upward trend over the last six years, reported the Peruvian Export and Tourism Promotion Agency (Promperu). Peru’s traditional exports totaled 1.75 billion dollars registering a 20 percent increase, while the non-traditional exports grew by 27.6 percent to 559.3 billion dollars. (ANDINA – click here to read complete article)

Shougang Hierro Peru to invest $700 million in next two years

Shougang Hierro Peru, owned by China`s state-run steel-maker Shougang Group, will invest 700 million dollars to modernize and enlarge its production plant within the next two years, announced today Peru’s minister of Energy and Mines, Juan Valdivia. "With these investments, the company expects to double its current iron production and upgrade its dock" added minister Valdivia. (ANDINA – click here to read complete article)