"There are things that the head of state cannot delegate, we have been at the right time and right place. A multipartite agreement is being evaluated and it was necessary to address the European Parliament," Humala said.
 
He said the multipartite agreement, if passed, would benefit micro-, small- and medium-sized enterprises, and not the major economic lobbies.

The president added that the pact is essential not only for financial matters but also for technology transfer.

"We can not simply accept a trade in which they send us value-added products and we send raw materials. This type of trade does not benefit us, we need a trade in which technology is added to what we are exporting," Humala stated.
 
Humala said that during his meeting with German Chancellor Angela Merkel, they talked about economic growth and the situation in Latin America and Europe as well as mutual recognition of being States that respect what they sign.
 
He underlined that another benefit of his trip was to have increased the number of scholarships for the government's Beca 18 scholarship program.

(END) JCP/GCO/EEP