EENI-Business School

Doing Business in Peru

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

  1. Introduction to Peru (Andean Community)
  2. Economic Profile of the 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. Economic Sectors of interest:
    1. Textiles
    2. Tourism
    3. Services
    4. Infrastructure
    5. Call centres
  10. Case Study: Transport and Logistics in Peru.
    1. South Inter-oceanic Hub
  11. Access to the Peruvian Market
  12. 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 country of the student
  4. To know Peru's Free Trade Agreements
  5. To examine the profile of the Peruvian Companies
  6. To develop a business plan for the Peruvian Market
The Subject “Doing Business in Peru” is part of the following programs:
  1. Masters (e-learning): International Business, America, Pacific, Emerging Markets
  2. Doctorate in Business in America
  3. Course: Andean Markets

Course learning materials in English or Spanish Perú French Perou Portuguese Peru

  1. Credits of the subject “Foreign Trade and Doing Business in Peru”: 3 ECTS Credits
  2. Duration: three weeks

Sample of the subject - Doing Business in Peru:
Doing Business in Lima - Peru

Description of the Subject: Doing Business in Peru

The Republic of Peru.

  1. Peru is located on the western coast of Latin America
  2. Peru has strong economic ties with the American and Asian markets
  3. The Borders of Peru are Brazil, Bolivia, Chile, Colombia, and Ecuador
  4. The Peruvian capital, Lima (8 millions of people) is the biggest city in the Andean region
  5. The Departments of Peru are 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
  6. Peruvian major languages: Spanish is the official language, while Quechua and Aymara are co-officials
  7. Peruvian Population: 31 millions of people
  8. Area: 1,285,216 square kilometres. Peru is the third largest country in South America, after Brazil and Argentina
  9. Independence from Spain in 1821
  10. Abolition of the Slavery in Peru: 1854
  11. African Diaspora in Peru: 0.5 million of people (2% of Peruvian population)

Religion in Peru: Christianity (31 million). Catholicism (24 million) and Protestantism

Peru belongs to the Latin American Economic Area of the Western Christian Civilisation

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 to 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 million of people - Source: INEI), generates 35% of the industrial production and 53% of the Peruvian GDP
  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 the food products in the last four years (annual growth of 20%)
  8. The Peruvian telecommunication's 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)

Peruvian Economy and Foreign Trade

Peruvian international trade.

  1. The Port of Callao is the largest international trade port in the Andean Community
  2. Main exports of the Republic of Peru are mining (copper, gold, molybdenum, silver, and zinc: 58% of the 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 the foreign direct investment (FDI) in Peru

Chile-Peru Free Trade Agreement (FTA)

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

  1. Peru is a member of the Andean Community, Asia-Pacific Economic Cooperation (APEC), and Latin American Integration Association (ALADI)
  2. Peru has bilateral Free Trade Agreements (FTA) with China, Singapore, Chile, the United States, Canada, South Korea, MERCOSUR, 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

Hubs in Latin America

China-Peru Free Trade Agreement (FTA)

Singapore-Peru Free Trade Agreement (FTA)

Colombia-Peru-European Union Free Trade Agreement (FTA)

Andean Community-MERCOSUR Free Trade Agreement (FTA)

United States-Peru Free Trade Agreement (FTA)

Canada-Peru Free Trade Agreement (FTA)

South Korea-Peru Free Trade Agreement (FTA)

(c) EENI- Business School