Business in Peru

EENI- School of International Business

Subject: Doing Business in Peru - Lima. The Peruvian economy. Syllabus:

1. Introduction to Peru (Andean Community)
2. The Economic Profile of Peruvian Regions
3. The Peruvian Economy
4. The Peruvian International Trade
5. Foreign Direct Investment (FDI) in Peru
6. Set up a Company in Peru
7. Doing Business in Lima
8. Case Study.
   1. Business Opportunities in agribusiness, textile, and services
   2. CAMPOSOL Group
   3. Creditex
9. Economic Sectors of interest:
   1. Textiles
   2. Tourism
   3. Services
   4. Infrastructure
   5. Call centres
10. Case Study: Transport and Logistics in Peru.
    1. The South Inter-oceanic Hub
11. Introduction to Spanish
12. Access to the Peruvian Market
13. Business Plan for Peru

The objectives of the subject “Foreign Trade and Doing Business in the Republic of Peru” are the following:

1. To analyse the Peruvian economy and foreign trade
2. To evaluate the business opportunities in the Republic of Peru
3. To explore Peru's trade relations with the student's country
4. To know Peru's Free Trade Agreements
5. To examine the profile of Peruvian Companies
6. To develop a business plan for the Peruvian Market

Sample of the subject - Doing Business in Peru:

Description of the Subject: Doing Business in Peru

The Republic of Peru.

1. Peru is located on the western coast of Latin America: Peru has strong economic ties with American and Asian markets
2. Borders of Peru: Brazil, Bolivia, Chile, Colombia, and Ecuador
3. The Peruvian capital, Lima (8 millions of people) is the biggest city in the Andean region
4. Departments of Peru: Amazonas, Ancash, Apurímac, Arequipa, Ayacucho, Cajamarca, Cusco, Huancavelica, Huanuco, Ica, Junín, La Libertad, Lambayeque, Lima-Provinces, Loreto, Madre de Dios, Moquegua, Pasco, Piura, Puno, San Martín, Tacna, Tumbes, and Ucayali) and Callao
5. Peru's major languages: Spanish is the official language, while Quechua and Aymara are co-officials
6. The Peruvian Population: 31 millions of people
7. Area: 1,285,216 square kilometres. Peru is the third largest country in South America, after Brazil and Argentina
8. Religion in Peru: Christianity (31 million). Catholicism (24 million) and Protestantism
9. Peru belongs to the Latin American Economic Area of the Western Christian Civilisation
10. Independence from Spain in 1821
11. Abolition of slavery in Peru: 1854
12. African Diaspora in Peru: 0.5 millions of people (2% of the Peruvian population)

The Peruvian Economy.

1. The Republic of Peru will lead the economic recovery in Latin America (6.25% of the gross domestic product growth)
2. The economic forecast seems favourable for Peru in the next years, based on foreign direct investment (mining, industry, communications, and energy), international trade and local consumption
3. Lima is the economic, financial, and foreign trade centre of Peru
4. Lima (8.5 millions of people - Source: INEI), generates 35% of the industrial production and 53% of GDP Peru
5. Lima is the home of the largest Peruvian and multinational companies
6. Arequipa is the “city with the highest economic growth in Latin America” (Source: America Economia)
7. The Peruvian agribusiness sector (Food and agricultural production) has grown significantly due to the dynamism in the export of food products in the last four years (annual growth of 20%)
8. The Peruvian telecommunications sector is one of the fastest economic growths in Peru
9. Peru is increasingly oriented toward the Asia-Pacific (APEC and TPP)
10. The Peruvian currency is the Nuevo Sol (PEN)

The Peruvian international trade.

1. The Port of Callao is the largest international trade port in the Andean Community
2. The main exports of the Republic of Peru are mining (copper, gold, molybdenum, silver, and zinc: 58% of Peruvian exports), agriculture, fishing, hydrocarbons products, and manufactures
3. The Peruvian exports augmented 13% and recorded 31,529 million dollars (3.5 times higher than in 2002)

Foreign Direct Investment (FDI) in Peru.

1. Spain, the United Kingdom, and the United States are the main sources of foreign direct investment (FDI) in Peru

Peru's Organisations and Free Trade Agreements (FTA):

1. Peru is a member of the Andean Community, the Asia-Pacific Economic Cooperation (APEC), and the Latin American Integration Association (ALADI)
2. Peru has bilateral Free Trade Agreements (FTA) with China, Singapore, Chile, the United States, Canada, South Korea, the MERCOSUR, the European Union, and the European Free Trade Association (EFTA)
3. Mexico-Peru Trade Integration Agreement
4. Pacific Alliance
5. The Andean Community has Free Trade Agreements (FTA) with the MERCOSUR (Associated), Chile, Mexico, and Panama
6. International Trade Relations with India, China, and Russia

❮ Samples - Business in Peru ❯