President Pedro Pablo Kuczynski (usually only named PPK) finished his first trip abroad as Peru’s head of state on Friday. The 77-year-old, who took office in July, travelled to top trade partner China aiming at opening new market opportunities for Peruvian exports, broadening access to Chinese food markets and further encouraging investments from China in the areas of mining, infrastructure, railways and ports.
After his five-day visit which was packed with meetings with Chinese President Xi Jingping, and Prime Minister Li Keqiang, as well as other government authorities, top business leaders and local entrepreneurs PPK was extremely pleased with the successful outcome of his trip.
Both countries agreed to strengthens the bilateral ties by increasing the interchange between both governments, political parties and legislative bodies as well as intensifying the cooperation in the areas of trade, mining, energy and infrastructures. Additionally, the free trade agreement between Peru and China should be fully applied and the cooperation surrounding industrial capacity, investments, agriculture and eco-friendly energy should be further promoted. Beijing and Lima also plan to strengthen the relations regarding security, education, culture and media.
During his trip PPK could arouse the interest of numerous Chinese investors that are enthusiastic about investing in projects in Peru, especially in mining and refineries. First solid results are expected already in November when Lima hosts the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting.
PPK travelled from China directly to New York to attend the 71st session of the United Nations Assembly where he meets with his counterparts from Brazil, Chile, Colombia and Mexico as well as possible investors.