1. INTERNATIONAL BUSINESS
PERU

2. PERU
BRIEF OVERVIEW:
NAME: PERU
CAPITAL: LIMA
OFFICIAL LANGUAGE: SPANISH
GOVERNMENT: PRESIDENTIAL REPUBLIC
INDEPENDENCE: FROM SPAIN
DECLARED: JULY 28, 1821
CONSOLIDATED: DEC 9, 1824
RECOGNISED: AUGUST 14, 1879
CURRENCY: NOEVO SOL
MAJOR IMPORTS: PETROLEUM PRODUCTS, WHEAT ,
VEHICLES< PLASTICS ETC
MAJOR EXPORTS: GOLD, COPPER, FISHMEAL, ZINC,
COFFEE etc
GDP:$ 251.39

3. PERU
 CULTURE AND LIFESTYLE:
 ART
LITERATURE
DANCE AND MUSIC
 CELEBRATIONS
 CUISINE
PEOPLE

4. PERU
 MULTINATIONALS AT PERU:
 3M GENERAL
 ING GROUP
 ABBOTT INTERNATIONAL LTD.
 ADECCO
 AEROPOST INTERNATIONAL SERVICES
 AT&T GLOBAL NETWORK SERVICES LLC.
 SCORPIO MINING
 ECU SILVER MINING
 DUKE ENERGY INTERNATIONAL
 COLGATE- PALMOLIVE COMPANY
 THE COCA-COLA COMPANY
 TUMI RESOURCES

5. PERU
 PAST PERUVIAN ECONOMY:
 AGRARIAN SOCIETY
 OPEN ECONOMIC SYSTEM
 MAJOR EXPORTER OF GUANO, SILVER, COPPER etc
 GREAT DEPRESSION 1930
 INTERNATIONAL PETROLEUM COMPANY (IPC)
 INCREASE IN FOREIGN INVESTMENTS
http://www.youtube.com/watch?v=UWJ8gQV-YGo
http://www.youtube.com/watch?v=UWJ8gQV-YG

6. PERU
 PERU PRESENT ECONOMY:
 AGREEMENTS WITH USA

7. PERU
 PAST & PRESENT RELATIONS WITH NEIGHBOURING COUNTRIES:
 CHILE ECUADOR BOLIVIA

8. PERU
 PAST AND PRESENT RELATIONS WITH EXTENDED COUNTRIES:
 NEWZEALAND CANADA CHINA

9. PERU
 TRADE POLICY
 Importance of concessions granted under preferential regimes such as the
EU Generalized System of Preferences and the U.S. Andean Trade
Preference Act;
 customs valuation and the preshipment inspection regime;
 revision of final antidumping duties, and non-preferential certificates of
origin for goods subject to these measures;
 fiscal incentives, in particular under the new free zones regime;
 lower excise tax on used vehicles imported through the new free zones;
 local content and trade-related investment measures;

10. PERU
 INDECOPI's responsibilities, including the Commission on Technical and
Trade Regulations;
 competition policy practices, in particular with respect to interconnection
rates to the fixed telephony;
 participation in regional fora;
 The intellectual property regime;
 problems faced by the fishing industry;
 suspension of rice imports;
 schedule of commitments under the GATS Agreement;
 conditions applying to professional services provided by foreigners.

11. PERU
 PERUVIAN EMBASSADORS:
 PERUV AMBASSADOR TO
INDIA
MR JAVIER PAULINICH VELARDE
 PERUV AMBASSADOR TO US
MR. VALDIVIESO
 PERUAMBASSADOR TO CHINA
MR HAROLD FORSYTH
PERU AMBASSADOR TO
CHILE
CARLOS PAREJA

12. PERU
 PERU GOVERNMENT
 FROM MILITARY TO PRESIDENTIAL

13. PERU
 PROBLEM S AT PERU TODAY
 Dependence on only a few major industries: minerals and fishing.
 Drug production and trafficking
 Internal riots
 Less awareness regarding pollution causing problems to neighboring
countries

14. PERU
 RECOMMENDATIONS:
 Efforts to encourage people to invest in other resources of the country and to open new
industries so to utilization of skilled/unskilled labor could be done in an appropriate way
 Paying attention towards the societal problems and trying to solve the internal domestic
problems by satisfying the needs of each and every single member of the country.
 Ramp up efforts to reach the rural poor in iso­lated highland areas by focusing funding on road
construction, health care, and education facilities, as well as improving other infra­structure in
those areas to draw the people of southern Peru into the formal economy and democratic
systems.
 Unleash the entrepreneurial spirit in poor com­munities by reforming and making transparent
procedures to assure property rights and land titling as well as reforming rigid labor laws in order
that small and medium­sized companies can become more competitive.