Peru – China Business Forum to Increase Investments

by Hongwei Shang on December 31, 2007

in News

As commercial exchange increases between Peru and China, the two countries met together in December, 2007 and inaugurated an investment forum to further increase trade and investment between the two nations.

The Chinese Council for the Promotion of International Trade and Peru’s Private Investment Promotion Agency (ProInversion) have organized the Peru-China Investment Forum, which has brought to Peru 39 Chinese companies interested in increasing bilateral trade and investment.

During the inauguration of the investment forum at the Delfines Hotel on December 4, 2007, Prime Minister Jorge del Castillo said Peru welcomed Chinese investments and reported that mining company representatives were already meeting with government authorities and discussing investment opportunities.

Companies from many Chinese industries came to Peru on December 4. Among those present were logistic, textile, hotel, auto, chemical, energy, construction and mining companies.

With a 54 percent increase in commercial exchange this year, Chinese Ambassador to Peru Gao Zhengyue said trade between the two countries had developed at a fast pace and China had become Peru’s second largest trading partner and exporting market.

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