MAY
12




 

Around one million people will be breaking out of poverty in Peru between 2014 and 2015 if the country's economy posts a growth ranging from 5.5 percent to 6 percent, the Chamber of Commerce of Lima (CCL) has announced. 

Economy & Trade


Peru's central bank left on Thursday its benchmark interest rate unchanged at 4 percent in May for the sixth month in a row.

The central bank said in a statement that decision was based on inflation remaining within its target range as economic growth has been weaker than its potential but that it would pick up again soon. 



Peru's net international reserves amounted to US$ 65.11 billion at May 6, 2014, the Central Reserve Bank (BCR) of Peru reported on Saturday.

The BCP said that the current level of international reserves accounts for over 32 percent of the country's gross domestic product. It also covers more than 19 months of imports and is equivalent to six times the short-term external debt, and according to the central bank, these levels are higher than those of other economies in the region.

Mining & Energy


The governments of Peru and Colombia will partner in their first joint operation to combat illegal gold mining.

Peruvian High Commissioner for Interdiction and Formalization of Mining, Daniel Urresti is set to travel to Colombia in the near future to discuss the operation's details with the country's authorities.
Agriculture


Coffee output in Peru could grow by 15 percent this year as farmers boost planting in a bid to cash in on prices that have risen on the back of a historic drought in Brazil, the agriculture ministry said on Friday.

Output in Peru could reach about 300,000 tonnes this year, up from some 260,000 tonnes produced in last year's fungus-hit harvest, said Jorge Figueroa, a coffee specialist with the agriculture ministry.

Telecomm


Movistar Peru has expanded its 4G LTE network coverage in the nation's capital Lima, starting 15th May, thus increasing this service to twelve districts and broadening its current 700,000 subscribers.
Movistar plans to invest over US$ 400 million in the deployment of its network, as well the launch and expansion of 4G services across the Andean nation over the next five years. 
Infrastructure


The Peruvian government on Friday signed with the Rio Santa Consortium, the contract to design and build the third phase of Chavimochic irrigation project, the world's biggest irrigation project to be executed with private-public partnership.  

Defense


Defense ministers of Peru, Colombia and Ecuador will meet on May 12 to strengthen cooperation, agree on policies and join hands in the struggle against common threats, announced an official source.

The officials will discuss issues like building regional and world peace and exchange information about cross-border crime.

Diplomacy


Peru has made significant progress in meeting the Millennium Development Goals (MDGs), Peruvian Foreign Minister Eda Rivas Franchini said at t the seminar "Sustainable Development Goals (SDGs ) and the Post 2015 International Development Agenda : Challenges for Peru".

Gastronomy




SANJAY DWIVEDI is head chef at Coya, the highly-rated Peruvian restaurant in Piccadilly. He explains to Melissa York the allure of Peru's most famous dish, ceviche, which is made by marinading raw fish in citrus juices.
Tourism



ON MY first morning on the Amazon the sun acted as a natural alarm clock, lighting up my room through gigantic floor-to-ceiling windows overlooking the river. As I came to, blinking through the fug of the previous night's pisco sours, pink dolphins broke the waters around the boat and storks perched precariously on piles of floating driftwood. It was 5am - the joys of jet lag, fat chance I'd wake up at that time in the UK - and the rain forest was already in full swing. Spider monkeys leapt through the canopy, kingfishers had adopted their vantage points and sloths were just sort of hanging around, as is their wont.  



Peru's Export and Tourism Promotion Board (PromPeru) will participate in the upcoming IMEX 2014, the worlwide exhibition for incentive travels, meetings and events, with the aim to promote the Andean country as an attractive and competitive tourist destination.



Peru's National Tourism Chamber (Canatur) will ask the Ollanta Humala's administration to begin processes to scrap visa requirements for Peruvian citizens who want to visit the United States, it was reported on Wednesday.



Immigration authorities are working on created a 'forge-proof' carnet de extranjeria as well as making important changes to procedures.
According to Andina news agency, the new carnets will be impossible to forge. Migrations Superintendent Rosa Prieto announced that the carnes will feature a chip containing biometric information about its bearer, including a current photo, fingerprints, and other vital information. 
 




Culture



Esteemed archaeologist Walter Alva has praised Peru's initiative in building new museums across the country. Peru's considerable cultural and historical treasures are one of the things that bring tourists to the country. And the upcoming construction of three new modern museum complexes, famous Peruvian archaeologist Walter Alva Alva, will help to further both culture and tourism around the country. 

Miscellaneous


Representatives of the Andean Parliament will begin an investigation into the forced sterilizations committed under the Fujimori regime today.

Andina news agency reports that Peru's representative in the body, Hilaria Supa, announced earlier this week that a delegation of Andean delegates would travel to the southern sierra of Per� in order to gather information about the sterilizations.


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