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As Peru and China marked the 50th anniversary of the establishment of diplomatic relations in November 2021, both sides seek to further deepen cooperation in various fields such as trade and investment. They also speed up the negotiations on upgrading the free trade agreement (FTA) signed in 2009, aiming to take bilateral ties to a new level.

Trade between Peru and China has surged over the last decade. Last year bilateral trade rose 39 percent, reaching about US$31 billion, which was largely supported by mineral and fishing products. Peru's coffee exports to China was more than tripled between 2018 and 2021 to more than US$1.4 billion. Opportunities are also on the horizon for native products such as quinoa, a native grain from the Andean region. Nowadays China has become Peru's top trading partner and one of the main investors. Meanwhile, Peru's trade with Hong Kong also rose 72 percent last year.

In cooperation with the Asociación de Exportadores (ADEX), the Chamber will organize a talk on 28 September, during which Consul General of Peru Enrique Carlos Cardenas Arestegui will give a brief overview about the Peru's current economic situation and investment opportunities. Edgar Vasquez, Director of ADEX, and Fernando Tori, Tax Partner at EY Peru, both of whom will be speaking from Peru – will discuss the growing cooperation between Peru and China, Peru's trade with Hong Kong, opportunities and trends in some sectors, Peru's local business environment especially tax and regulatory issues relevant for foreign investors, as well as challenges and prospects for the Peruvian economy.

For participants attending in-person, please note:
- Seats are limited and available on a first come first served basis.
- Pre-registration for in-person attendance is required and the Chamber reserves the right to decline such an application.
- Attendees are required to scan the "Leave Home Safe" QR code on arrival at the Chamber and should wear a mask at all times. They are also subject to temperature checks.
- Attendees, who feel unwell are advised against in-person attendance at the Chamber.
- No food or beverages are allowed.
- Thank you for your cooperation.

DISCLAIMER
Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

Speaker(s)

Enrique Carlos Cardenas Arestegui, Consul General of Peru

He was a Specialized Advisor, Directorate General for Economic Affairs, Technical Secretary of the Peru-OECD Multisectoral Commission and Minister in the Diplomatic Service of the Peru in 2020. He was the Chief of Staff of the Vice-Minister of Foreign Affairs in April 2019; Deputy Director for Affairs of the World Trade Organization and Intellectual Property, Directorate General for Economic Affairs in 2018.

Edgar Manuel Vasquez Vela, Director of the Global Business and Economy Research Center of the Association of Exporters (CIEN-ADEX)

Edgar is an economist with specialization studies in international trade and trade negotiations. Previously, he held the position of Minister of Foreign Trade and Tourism (MINCETUR), and President of the Board of Directors of the Commission for the Promotion of Peru for Exports and Tourism (PROMPERU). Before entering the public sector, he began his professional career in the private sector at the business economic consulting and advisory company Maximixe Consult SA, where he held the position of Head of Economic Studies, being responsible for the management of the economic advisory service and macroeconomic and sectoral analysis and projections.

Fernando Tori, Tax Partner at EY Peru

Fernando has more than 20 years of experience, providing tax advice and participating in the purchase/sale transactions of Peruvian and foreign companies, including tax structuring, due diligence and post-integration services. His experience includes designing the acquisition and financing structures, and reviewing the required legal documents. He is a lawyer from University of Lima and holds a Master's Degree in International Taxation from New York University and an Executive MBA from the Adolfo Ibañez School of Management.

Language English
Date and Time 2022/09/28 09:00 to 10:00
Venue Chamber Theatre, 22/F United Centre and Online via Zoom
Media Closed to media
Enquiries Mabel Chan
Tel: 28231278
Email: mabel@chamber.org.hk
Fee
  • HK$ 100 for Members / HK$ 200 for Non-Members (Attend via Zoom)
  • HK$ 120 for Members / HK$ 240 for Non-Members (Attend in Person)
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 3 working days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.

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