Doing Business in Peru

Subject (Course): International Trade and Business in Peru - Lima. Peruvian economy. Syllabus:

1. Introduction to Peru (Andean Community)
2. Economic Profile of Peruvian Regions
3. Peruvian Economy
4. 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. Sectors of interest:
   1. Textiles
   2. Tourism
   3. Services
   4. Infrastructure
   5. Call centers
10. Case Study: Transport and Logistics in Peru.
    1. The South Interoceanic Hub
11. Introduction to Spanish
12. Access to the Peruvian Market
13. Business Plan for Peru

Objectives of the subject "Doing Business in the Republic of Peru":

1. To analyze the Peruvian economy and foreign trade
2. To evaluate 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:

Subject Description: Foreign Trade and Business in Peru:

The Republic of Peru.

1. The Republic of 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. 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. Peruvian Population: 31 millions of people
7. Area: 1,285,216 km². Peru is the third largest country in South America (1,285,215 square kilometers), 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 Civilization
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)

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 favorable 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 center 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 large Peruvian and multinational companies.
6. Arequipa is the "city with the highest economic growth in Latin America" (Source: America Economia)
7. 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. 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. Peruvian currency is the Nuevo Sol (PEN)

Peruvian international trade.

1. 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. 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 Organizations 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 Free Trade Agreements (FTA) with the MERCOSUR (Associated), Chile, Mexico, and Panama
6. International Trade Relations with India, China, and Russia.

China-Peru

Singapore-Peru Agreement

The United States-Peru

Peru-Canada:

Peru-South Korea:

Agreement Peru-EFTA: