Global trade will continue to face headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volume grew by 3% in 2018 and is expected to decline slightly to 2.6% in 2019 before rebounding back to 3% in 2020. This may be the first time since the 2007-08 global financial...
Peru is a major producer of copper and gold, as well as a prolific exporter of liquefied natural gas, seafood and agricultural products. In addition, it has significant oil and gas reserves, and is a major tourist destination, with some 4.5m tourists visiting annually. Many of these visitors flock to the country’s Incan archaeological sites,...
Peru’s political climate has been affected by deep structural problems due to the country’s peculiar democratic framework, with the hybrid presidential-parliamentary system prone to deadlock. There are promising signs of change, however, as the administration of President Martín Vizcarra Cornejo looks set to bring about an era of stability...
HYATT CENTRIC SAN ISIDRO LIMA Av. Jorge Basadre 367, San Isidro T: (+51) 1 611 1234 sanisidrolima.centric.hyatt.com limct.reservations@hyatt.com Rooms: 254 rooms and suites. Business & Conference Facilities: 9 meeting rooms with high-speed internet and audiovisual equipment, professional support staff and catering services. Health...
From the 1970s until the late 1990s, Peru was the standard example of a Latin American failing state. However, almost three decades of unprecedented economic growth, partly driven by high commodity prices and prudent macroeconomic and financial policies, have turned Peru into one of South America’s prime travel and tourism destinations. This...
ETIQUETTE: Given Peru’s rich historical and ethnic heritage, its culture is diverse and varies from region to region. Peruvians are generally polite and friendly, and strong friendships often go a long way in opening doors and securing opportunities in the business world. Standard business attire is the same as in the US or Europe....
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