Legal Framework

Peru’s current modern legal framework has now been in place for more than 25 years. After several different governments, global economic crises and other phenomena affecting the country, its underlying legal framework has essentially remained the same. Laws may have changed and some experiments have been conducted, but the country’s principles, laws, regulations and constitution have endured, which is no small feat for a growing developing country that battled domestic terrorism in the 1980s and 1990s. Importantly, throughout these years, the economy was opened up to foreign investors and the country strived to provide a business-friendly and predictable regime that welcomes investment. This chapter provides an overview of Peru’s legal framework, covering a range of topics from the mining and environmental permits to corporate law. This chapter includes an interview with Pablo Berckholtz, Managing Partner, Estudio Echecopar.