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10:38 European investments in Peru unaffected by Eurozone crisis
 
Lima, Jul. 01 (ANDINA). European investments in Peru will not be undermined by the economic crisis, but will increase significantly with the multipartite trade agreement signed this week, the head of the European Commission's delegation to Peru, Hans Allden, has said.
Hans Allden, Head of the European Commission
Hans Allden, Head of the European Commission's delegation to Peru. Photo: ANDINA/Hector Vinces.
Allden said the Peruvian market is very attractive and offers very interesting conditions to European investors because of the strength of its economy.

"European investments will not decrease, on the contrary, because the Peruvian market is very interesting... There will be more European investment and capital that will come here to explore and take advantage of the economic growth," Allden told Andina news agency.

He was optimistic that the multipartite free trade agreement between the EU, Colombia and Peru will encourage investment and create a common market with advantages for all parties.

Moreover, the EU official said he was confident that the trade pact will take effect before the end of this year, with its final ratification expected by October.

Allden noted the increase in Peruvian exports to the European market by almost 30 percent in recent years, which shows a very positive trend.

(END) CVC/BCM/RZZ/EEP
Date: 01/07/2012
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