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 | | The Pacific Alliance, a trade bloc created on June 6th, 2012, by Chile,Colombia, Mexico and Peru to facilitate economic integration and build a free trade zone and visa-free travel area, currently represents 35 percent of Latin America's GDP, 50 percent of regional trade and a potential market of 212 million people. |
The 8th Summit of Latin American trade bloc Pacific Alliance kicked off Saturday in the northern Colombian city of Cartagena aiming to strengthen trade among member states with an agreement on tariff reductions.
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 Peruvian delegation led by the Foreign Trade Minister, Magali Silva, attended Sunday the Pacific Alliance's Ministerial Meeting to adopt a roadmap aimed at liberalizing regional trade and investment.
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 Agricultural exports from Peru totaled US$4.42 billion in 2013, an increase of 0.8 percent compared to a year earlier, Peruvian Agriculture and Irrigation Ministry (Minagri) has reported.
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 Peruvian exports bounced back in December last year and totaled US$ 41.83 billion in all of 2013, the country's Central Reserve Bank (BCR) has said. In its weekly report, the central bank said that the value of exports reached US$ 3.63 billion in December, an increase of 11.5 percent compared to US$ 3.25 million in November.
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 Credit to the private sector in Peru registered an annual growth rate of 12.8 percent, despite falling 0.7 percent in the last four weeks at January 15, 2014.
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 The president of Peru's Central Reserve Bank (BCR), Julio Velarde, will participate in the bimonthly governors' meeting of the Bank for International Settlements (BIS) to be held in Sydney, Australia, on February 23-24, 2014.
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 Southern Copper Corp. said Friday that its capital expenditures in 2014 are expected to be a record as the company advances a number of projects that will boost production from its operations in Mexico and Peru. Chief Financial Officer Raul Jacob said that Southern Copper expects to invest $2.3 billion in 2014, which would be a 35% increase over the $1.7 billion spent last year. Southern Copper said that last year's capital expenditures were an annual record.
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 The approval of the visa-free travel for Peruvian citizens keen on visiting the 26-member countries of the Schengen Area is expected to boost tourism, trade and academic exchange, European Union Ambassador to Peru, Irene Horejs, has said.
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Peruvian Foreign Minister Eda Rivas said Friday that her country and Chile will finish fixing the exact coordinates for their new maritime border by late March 2014, possibly during a high-level meeting in Lima.
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Pisco enthusiast and Pisco Trail founder, Nico Vera shines new light on everyone's favorite Pisco based cocktail.
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As Lima's commercial expansion continues, districts that used to be mainly residential are also expanding in more ways than one. La Molina is no exception. Known as Lima's ecological district, thanks to its good weather and agricultural university, La Molina is also witnessing and welcoming a growth in dining options.
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The February festival is one of Peru's most famous religious celebrations and is known for its elaborate costumes and vibrant dances.
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Kirk Norcross has announced plans to climb Machu Picchu in Peru next month.
The former Only Way is Essex star will head to Peru for the trek as part of a Sport Relief campaign.
He will raise money for the ADHD Foundation while on his South American trek, he revealed on Twitter last night (February 9).
Norcross will join a group of hikers to scale the 15th-century Inca site from March 2 to 11.
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Looking back on his first literary stirrings as a teenager in Lima in the early 1950s, Peruvian writer and Nobel laureate Mario Vargas Llosa says his instinct wasn't to become a novelist at all.
"Theater was for me, I think, my first vocation," he says by telephone from Lima. "If there had been a theatrical movement [in Peru], the possibility of seeing your plays produced, probably I would have been a playwright."
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Cross country skier Roberto Carcelen was Peru's flagbearer in the Parade of Nations.
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Peru FA vice-president Alfredo Brito has revealed that he wants Marcelo Bielsa to become the manager of their national team.
The former Argentina and Chile boss is currently without a job after leaving La Liga side Atletico Bilbao last June.
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Sure, it resembles a spider on steroids. But a recently developed flying robot - soon to hover over the Peruvian cloud forest for the first time - has potential benefits for everyone.
The Peruvian cloud forest's ultra-remote location - on the slopes of the Andes Mountains, on the western border of the Amazon rainforest - is difficult enough to get to, let alone conduct research.
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Between 1995-2000, 300,000 women in Peru, mostly poor indigenous peasants who did not speak Spanish, were forcibly sterilized by the Fujimori government. The Peruvian feminist movement has been trying to bring Fujimori and his officials to trial for this crime against humanity ever since. Last month the case was thrown out for a second time.
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Scottish drugs mule Melissa Reid could soon be returning to Britain after her family lobbied the Government to agree a prison transfer.
The 20-year-old, from Lenzie in Dunbartonshir, is imprisoned in Peru after being caught smuggling �1.5 million of cocaine into South America with a friend after an Ibiza holiday last summer.
Her parents have paid a �3,500 fine which means she is eligible under international law to apply to switch prisons, possibly back to Scotland.
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