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Peru, China enjoy stronger trade ties
2011-11-07
Brief:Trade relations between Peru and China saw continuous strengthening in the past years and the investments including in the tourism sector by Chinese companies in Peru are close to 1.2 billion dollars.
Trade relations between Peru and China saw continuous strengthening in the past years. The bilateral trade between Peru and China stands at over 10 billion dollars as of now, while investments by Chinese companies in Peru are close to 1.2 billion dollars, according to the Peruvian Chinese Chamber of Commerce. "From the step we have taken with the free trade agreement, we are going to strengthen our relations in other areas, such as international cooperation, technical assistance, investment and the tourism trade etc.," Peru's Deputy Industry Minister Julio Guzman said.

With regard to the tourism sector, Jose Rosas, General Manager of Lima Chamber of Commerce, said Peru also needs to make adjustments to create a direct airline route between Peru and China in order to attract more tourists, while Peru also needs to consider the use of maritime transportation.

In the last few years, Rosas said, China has surpassed the United States to become the main international purchaser of Peruvian products, China-Latin America trade amounted to 180 billion U.S. dollars in 2010, a 50-percent increase year on year.

Xinhua
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