United States Department of State

Peru United States Department of State

The GOP seeks to attract investment -- both foreign and domestic -- in nearly all sectors of the economy. Several high level Peruvian officials, including President Ollanta Humala, the Minister of Economy and Finance, and the Central Bank President, attended global business conferences and toured several countries in 2014 in an effort to attract foreign investment. Some of these tours were organized and sponsored by In Peru, a private industry organization (http: //inperu.pe). Peruvians and Americans benefit from the United States-Peru Trade Promotion Agreement (PTPA) which entered into force on February 1, 2009. Since entry into force, total trade (exports and imports) between Peru and the United States expanded significantly from USD 9.1 billion to USD 16.1 billion. The PTPA establishes a secure, predictable legal framework for U. S. investors operating in Peru. The PTPA protects all forms of investment. U. S. investors enjoy in almost all circumstances the right to establish, acquire and operate investments in Peru on an equal footing with local investors