Americas > South America > Peru

Peru

Capital: Lima ; GDP growth (annual %) 2016 : 3.9%

Peru’s Protected Area System: A Key Component Of Ecotourism

Ranked as one of the ten most mega-diverse nations in the world, Peru has used its biodiversity as a tool to attract both foreign and domestic visitors. This has engendered a flourishing ecotourism sector, which has become largely dependent on the Andean country’s protected area system. Ecotourism interweaves aspects of environmental conservation, economic development, and cultural preservation. In practice, it can include educating visitors about biodiversity, raising cultural awareness, and generating financial benefits for nearby communities and conservation efforts.[i] Peru’s protected area system supports the fundamentals of ecotourism and has become a vehicle for the sector’s increased increase.
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Peru pursues tourism revenue growth both at home and abroad

An effort to fasten new aviation deals and invest in marketing campaigns seems to be paying off for Peru’s tourism sector, with sizeable increase in gain and foreign arrivals recorded.

In mid-May the Lima Chamber of Commerce (Cámara de Comercio de Lima, CCL) reported that revenues from tourism in Peru rose by 3.9% to $4.3bn last time– of which $3.5bn was from goods and services, and $802m was from transport services.

The rising revenue stream, marking a fourth consecutive year of increase, was driven by a higher volume of foreign tourists, which climbed 8.4% in 2016 to reach 4.6m, a trend that looks set to continue.
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The next chapter for the Trans-Pacific Partnership

The next of trade and cross border commerce in Asia and the Pacific and the US role in Asia’s economy were put in doubt by Donald Trump’s withdrawal of the United States from the Trans-Pacific Partnership (TPP) economic agreement.

The TPP was the economic arm of President Obama’s pivot to Asia. It was as well supposed to set the rules and standards of trade in Asia and for the world. It is no amaze again, that some of the remaining 11 members of the TPP are trying to save the agreement even without US participation. A lot of political capital was expended in negotiating the TPP and nations are looking for ways to maintain the momentum of economic integration.
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Key Facts: Full name: Republic of Peru
Population: 29.4 million (UN, 2011)
Area: 1.28 million sq km (496,225 sq miles)
Major languages: Spanish, Quechua, Aymara
Major religion: Christianity
Life expectancy: 72 years (men), 77 years (women) (UN)
Monetary unit: 1 nuevo sol = 100 centimos
Main exports: Fish and fish products, copper, zinc, gold, crude petroleum and by-products, lead, coffee, sugar, cotton
GNI per capita: US $5,500 (World Bank, 2011)
Internet domain: .pe
International dialling code: +51

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Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Peru Year in Review 2016
2017/04/18
The year 2016 brought both political and economic changes in Peru, with a new government moving quickly to roll out strategic measures aimed at tackling long-standing problems and returning the country to higher levels of increase.

Following his election in June, Peru’s new president, Pedro Pablo Kuczynski, pledged to lift GDP increase to 5% by 2018.

Bridging infrastructure gaps and addressing the perennial problem of the informal economy were high on the schedule, with a series of 112 measures announced to steer the government’s policy schedule forward.

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Latin America Economy Renewed confidence in Latin America’s brightest economy
2017/03/04
The PPK cabinet has been working diligently to modernize the country and replace business confidence, while unlocking investments and infrastructure megaprojects in a bid to boost the country’s economy

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Latin America: external vulnerabilities and FX pressure valves
2015/10/03

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Peru Year in Review 2014
2015/04/01
Although Peru’s economy lost some of its sparkle over the course of 2014, the slowdown appears to be under control, with the government enacting sizeable fiscal stimulus packages to position the country for recovery in 2015.

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Peru's banks set to bounce back from 2013 blip
2014/02/25
Although still impressive by Latin American standards, Peru's increase story of recent years suffered a slight setback in 2013. But with a construction industry ripe for take-off, foreign banks eyeing the country, a increase in loans and an increase in request for financial services from SMEs, 2014 looks full of promise.

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The Latin American way new Trans-Pacific Partnership
2013/11/15
Cross-border trade bodies in the Americas have a variable record, with critics rounding on the likes of Mercosur or even the new Trans-Pacific Partnership. However, the Pacific Alliance – largely driven by the private sectors of Chile, Peru, Colombia and Mexico – appears to be showing how such bodies can work entirely.

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Alfredo Thorne, Peru’s Minister of Economy and Finance
2016/12/10

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Álvaro Zúñiga Benavides Founding President and CEO of FuXion Biotech SAC
2016/03/01
In 2006, next having worked for additional than 15 years in the food processing and manufacturing industry, Álvaro Zúñiga Benavides founded FuXion, a incomparable venture specialized in high-quality food and food supplements.

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Peruvian Energy,Beatriz Merino, President of Sociedad Peruana de Hidrocarburos
2015/09/28
Beatriz Merino, President of Sociedad Peruana de Hidrocarburos (SPH) sits down with United World to discuss the current situation of the country’s energy mix and the role of both public and private sector in the country’s Energy industry increase.

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