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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. |
Chile, Colombia, Peru and Mexico have signed a treaty to eliminate tariffs on 92 percent of goods and services. The Pacific Alliance is free trade area of some 210 million people, accounting for more than a third of all Latin American and Caribbean GDP.
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 Heads of state from South America's Pacific Alliance, comprising of Chile, Colombia, Mexico, and Peru signed a deal on Monday that will scrap nine-tenths of tariffs on goods and services traded between them. The Pacific Alliance, created in 2012, aims to integrate free markets in trade, energy and infrastructure, and bolster ties with key trading partner Asia.
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 Colombia's President Juan Manuel Santos met on Monday with the leaders of Chile, Mexico and Peru to sign a major regional trade pact formed with an eye on Asian markets. "We are going to build a trade agreement of transcendent importance which will allow tariffs to be lifted on 92 percent of products," Santos said in the Colombian resort city of Cartagena.
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 Members of Latin American trade bloc Pacific Alliance (PA) agreed here Monday to lift trade tariffs on 92 percent of goods traded among them, according to a statement released after the grouping's 8th summit in Colombia.
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 Costa Rica's President Laura Chinchilla on Monday signed a declaration of intent to join the Pacific Alliance, a trade bloc composed of Chile, Colombia, Mexico and Peru. The document, signed during the bloc's 8th Summit in Cartagena, promises Costa Rica will adhere to a framework agreement for its integration as a full member of the alliance.
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 Peruvian exports to Indonesia rose by 4.2 per cent in 2013 to US$105.4m, according to exporter association Adex. Grapes were the leading fresh produce export, with asparagus, avocados, mangoes, guavas and some vegetable lines also shipped to the Asian country.
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 Non-traditional exports from Peru to the United States have shown a nearly two-fold increase over the last five years, climbing from US$ 580 million in 2009 to US$ 1,04 billion in 2013, since two countries' bilateral Free Trade Agreement (FTA) took effect.
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 The Pasco region, in central Peru, plans to allocate over 70 million soles (US$ 24.8 million) for the construction works of two major irrigation projects, thus benefiting 10,000 smallholder farmers, it was reported Monday.
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 Peru, the world's third largest copper producer, saw export revenue from the metal drop 17% to US$920mn in December as prices and volume declined, the government said. Total metals export revenue fell 18.4% to $1.94bn in December, cutting Peru's monthly trade surplus to US$480mn from US$880mn a year earlier as the country's total exports fell 9.4% to US$3.63bn, the country's central bank said today in a statement posted on its website.
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 Peruvian President Ollanta Humala met Monday with top authorities of the legislative and judicial branches in Colombia on the first day of his state visit to the neighboring country.
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The president of Peru, Ollanta Humala , said today that he spoke with President of Chile, Sebasti�n Pi�era, to defend Peru's sovereignty over the territory that Chile now says he owns, called "terrestrial triangle".
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The ICJ border ruling established that the maritime border between the two countries should be established by tracing a parallel out into the sea from Border Marker Number One, which is about 320 meters inland. However, the land border has historically sloped towards the southwest, ending at the Punto Concordia. The ruling, therefore, has created a triangle of land that, for now, is neither clearly Chilean nor Peruvian- though both the Peruvian and Chilean governments would argue otherwise.
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According to a recent survey, Humala's national approval rating shot up by 8 points compared to figures released in January.
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My curiosity was piqued when I came across an article on Dos Tenedores in the weekly Saturday edition of Somos magazine inside of El Comercio a few months ago. If you are looking for a reasonably priced lunch and a good value in Miraflores, you may want to try Dos Tenedores.
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How good it feels to wake up in a 5 star hotel: the soft sheets, everything impeccable, breakfast in bed, the jacuzzi ready and waiting. Suddenly, you go to the window and, wow! What a surprise! You're in Lima! It's there that you realize that, you don't need to leave the city to give yourself these little treats.
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She seems a fragile support for an ambitious family canvas: this slender barefoot woman in a white nightdress, often seen huddled in a wooden rocking chair. Yet, in "La Se�orita de Tacna (The Young Lady From Tacna)," the 1981 play by the Peruvian writer and Nobel Prize winner Mario Vargas Llosa, the vulnerable but determined spinster known as Mamae (Luz Nicolas) holds the secrets of multiple generations toward the light.
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Angela Leyva, the 17-year-old volleyball sensation from Peru, has been crowned Volleywood's 2013 World Volleyball Idol (Female).
The contest, sponsored but popular volleyball site Volleywood, took place on Facebook. Participants could vote by either liking or sharing photos of the players who were up for the title.
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Peruvian champions Universitario de Deportes will begin their 2014 Copa Libertadores campaign with a home game against Velez Sarsfield of Argentina on Tuesday.
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Catania are keen on signing Castilla's Peruvian youngster Cristian Benevente in the summer, and adding him to the teams already large South American contingent.
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Northern irish woman Michaella McCollum Connolly may soon be left in a Peruvian prison by herself if a bid by her friend's parents to get their daughter brought back to Scotland is successful.
A number of newspapers in the UK have reported that Melissa Reid's parents stumped up �3,500 of a fine so she could apply for a prison transfer agreement.
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