"Peru is a land of opportunities with great potential," says President Humala

Peruvian President Ollanta Humala Tasso (r) and Portuguese President Anibal Cavaco Silva met at the Government Palace in Lima on Thursday. Photo: ANDINA/Prensa Presidencia

17:58 | Lima, Apr. 19 (ANDINA).

Peruvian President Ollanta Humala has described Peru as a land of opportunities endowed with great potential in the field of raw materials, mining and other sectors.

In a joint statement with his Portuguese counterpart Aníbal Cavaco, the head of State noted that the Peruvian people have made a significant effort to stimulate the country's economic growth, which stands at an average of 6 percent annually.

"It is precisely the work of Peru during difficult times that makes the country want to go forward instead of backwards," he said.

Humala noted that Peru works on promoting macroeconomic stability, confidence-building, tax predictability and legal stability to generate opportunities and an investment-friendly climate.

President Humala added that in the Peruvian territory people can "work with all the guarantees and tranquility that rules are for everyone and don’t change from one day to the next".

In this context, he announced that, at present the government wants to give a significant boost to industry, added value production, science and technology, technological transfers, private public partnerships and to the strengthening of small and micro-sized enterprises.

Therefore, President Humala said that Peru can be a platform of opportunities for Portuguese investment in the region of Latin America.

At another point, the Peruvian leader thanked the support of Portugal to achieve the Multiparty Agreement signed between the European Union and Peru and Colombia.

"We recognize the active effort of Portugal for the successful conclusion of this agreement that will mutually benefit us," said Humala, who also called for rapid progress in implementing commercial air transport agreements between the two countries.


Published: 4/19/2013