Doing Business in Peru
EENI - Business School.
Subject (Course): International Trade and Business in Peru - Lima. Peruvian economy. Syllabus:
- Introduction to Peru (Andean Community)
- Economic Profile of Peruvian Regions
- Peruvian Economy
- Peruvian International Trade
- Foreign Direct Investment (FDI) in Peru
- Set up a Company in Peru
- Doing Business in Lima.
- Case Study.
- Business Opportunities in agribusiness, textile, and services
- CAMPOSOL Group.
- Sectors of interest:
- Call centres
- Case Study: Transport and Logistics in Peru.
- The South Inter-oceanic
- Introduction to Spanish
- Access to the Peruvian Market
- Business Plan for Peru
Objectives of the subject “Doing Business in the Republic of Peru”:
- To analyse the Peruvian economy and foreign trade
- To evaluate business opportunities in the Republic of Peru
- To explore Peru's trade relations with the student's country
- To know Peru's Free Trade Agreements
- To examine the profile of Peruvian Companies
- 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.
- The Republic of Peru is located on the western coast of Latin America: Peru has strong economic ties with American and Asian markets.
- Borders of Peru: Brazil, Bolivia, Chile, Colombia, and Ecuador
- Peruvian capital, Lima (8 millions of people) is the biggest city in the Andean region.
- 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.
- Peru's major languages: Spanish is the official language, while Quechua and Aymara are co-officials.
- Peruvian Population: 31 millions of people
- Area: 1,285,216 square kilometres. Peru is the third largest country in South
America, after Brazil and Argentina.
- Religion in Peru: Christianity (31 million). Catholicism (24 million) and Protestantism
- Peru belongs to the Latin American Economic Area of the Western Christian Civilisation
- Independence from Spain in 1821
- Abolition of slavery in Peru:
- African Diaspora in Peru: 0.5 millions of people (2% of the Peruvian population)
- The Republic of Peru will lead the economic recovery in Latin
America (6.25% of the gross domestic product growth).
- 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
- Lima is the economic, financial, and foreign trade centre of Peru.
- Lima (8.5 millions of people - Source: INEI), generates 35% of the industrial production and 53% of GDP Peru
- Lima is the home of large Peruvian and multinational companies.
- Arequipa is the “city with the highest economic growth in Latin America” (Source: America Economia)
- 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%).
- Peruvian telecommunications sector is one of the fastest economic growths in Peru.
- Peru is increasingly oriented toward the Asia-Pacific (APEC and TPP)
- Peruvian currency is the Nuevo Sol (PEN)
Peruvian international trade.
- Port of Callao is the largest international trade port in the Andean Community.
- 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.
- Peruvian exports augmented 13% and recorded 31,529 million dollars (3.5 times higher than
Foreign Direct Investment (FDI) in Peru.
- 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):
- Peru is a member of the Andean Community, the Asia-Pacific Economic Cooperation (APEC), and the Latin American Integration Association (ALADI)
- 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)
- Mexico-Peru Trade Integration Agreement
- Pacific Alliance
- The Andean Community Free Trade Agreements (FTA) with
the MERCOSUR (Associated), Chile, Mexico, and Panama
- International Trade Relations with India, China, and Russia.
The United States-Peru