LIMA, Oct. 30 (Xinhua) — Peru-China cooperation should be based on a long-term outlook that goes beyond current affairs and circumstances, according to Peruvian President Martin Vizcarra.<\/p>\n
At a meeting with foreign correspondents in Lima on Monday, Vizcarra responded to a query on bilateral trade and investment ties by saying “obviously, we have to work with a vision of the future, always keeping in mind the great power that is China.”<\/p>\n
Peru is now preparing to take part in the first ever China International Import Expo (CIIE), which will take place in Shanghai starting next week.<\/p>\n
“China is interested in a series of investments in Peru (and) we have said investment is welcome,” said Vizcarra.<\/p>\n
The South American country has opened its doors to foreign investment from China and other parts of the globe within the framework of national regulations.<\/p>\n
“Part of the investment we have registered to date has come from Chinese capital,” said the president.<\/p>\n
Vizcarra highlighted certain national projects that are of particular interest to investors, including the Las Bambas mine in southern Apurimac department (state), a project estimated to be worth some 10 billion U.S. dollars.<\/p>\n
Asked about the upcoming meeting of leaders from the Asia-Pacific Economic Cooperation (APEC), taking place Nov. 17 and 18, Vizcarra said Peru will continue to promote open markets.<\/p>\n
“Our economy is open to the world and we will once again demonstrate that with our participation at the APEC Forum in Papua New Guinea,” said Vizcarra.<\/p>\n
Peru and China have had a free-trade agreement in place since 2010.<\/p>\n
In 2017, Peru’s exports to China amounted to 11.455 billion U.S. dollars, a 36-percent increase over the year before, according to figures from the Lima Chamber of Commerce.<\/p>\n","protected":false},"excerpt":{"rendered":"
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