MOU to Foster Closer Ties with Peru
HKGCC’s Americas Committee in Hong Kong and the Association of Exporters (ADEX) in Peru signed a Memorandum of Understanding (MOU) on 28 September to strengthen collaboration between Hong Kong and Peruvian business. Signed by Committee Chairman Evaristo Trevino Berlanga and ADEX President Julio Pérez Alván, both parties expressed their hopes to work closely together and provide a platform for Hong Kong and Peruvian businesses to connect.
Edgar Manuel Vasquez Vela, Director of the Global Business and Economy Research Center of the Association of Exporters (ADEX), said Peruvian agri-food exports to Hong Kong surged significantly in 2021, with fresh fruits such as grapes, avocado, mango and mandarin being the main exports. Peru’s fish and minerals exports to Hong Kong also recorded strong growth.
Fernando Tori, Tax Partner at EY Peru, shared his insights on Peru’s business and investment environment, as well as the legal and regulatory framework to encourage more businesses looking to invest in Peru.
As Peru and China marked the 50th anniversary of the establishment of diplomatic relations in 2021, they also speed up the negotiations on upgrading the free trade agreement signed in 2009, aiming to take bilateral ties to a new level. Consul General of Peru Enrique Carlos Cardenas Arestegui believed both sides will continue to deepen the cooperation in various fields such as trade and investment.