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Economy - overview:
Peru's economy reflects its varied geography - an arid coastal region, the Andes further inland, and tropical lands bordering Colombia and Brazil. Abundant mineral resources are found in the mountainous areas, and Peru's coastal waters provide excellent fishing grounds. However, overdependence on minerals and metals subjects the economy to fluctuations in world prices, and a lack of infrastructure deters trade and investment. After several years of inconsistent economic performance, the Peruvian economy grew by more than 4 percent per year during the period 2002-2005, with a stable exchange rate and low inflation. Risk premiums on Peruvian bonds on secondary markets reached historically low levels in late 2004, reflecting investor optimism regarding the government's prudent fiscal policies and openness to trade and investment. Despite the strong macroeconomic performance, the TOLEDO administration remained unpopular in 2005, and unemployment and poverty have stayed persistently high. Economic growth will be driven by the Camisea natural gas megaproject and by exports of minerals, textiles, and agricultural products. Peru is expected to sign a free-trade agreement with the United States in early 2006. |
Trade Fairs,
Exhibitions, Conferences: |
Peru Moda
International trade show of textile, apparel, footwear & jewelry
Peru Moda is the main event of the peruvian fashion industry, considered as one of the most important in Latin America. This trade show gathers the best of the peruvian offer in apparel, footwear, and accessories manufactured by peruvian exporters companies, and also machinery and services. Other activities such as seminars, fashion shows and folk performances make Peru Moda the perfect cultural and commercial trade show.
Feria Internacional del Pacifico
Consumer Goods and Inputs for Industry |
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