{"id":82187,"date":"2023-09-21T10:35:43","date_gmt":"2023-09-21T08:35:43","guid":{"rendered":"https:\/\/efecomunica.efe.com\/?p=82187"},"modified":"2023-09-21T18:11:03","modified_gmt":"2023-09-21T16:11:03","slug":"peru-says-political-tensions-in-pacific-alliance-wont-halt-progress","status":"publish","type":"post","link":"https:\/\/efecomunica.efe.com\/en\/peru-says-political-tensions-in-pacific-alliance-wont-halt-progress\/","title":{"rendered":"Peru says political tensions in Pacific Alliance won’t halt progress"},"content":{"rendered":"

New York, Sep 21 (EFE).- Mexican entrepreneurs continue to view the Pacific Alliance<\/strong> <\/a>as “an area of opportunity<\/strong>” despite feeling there is a political “blockade” within the trading bloc, says Peru’s Minister of Foreign Trade and Tourism, Juan Carlos Mathews<\/strong>.<\/p>\n

In an interview with EFE<\/strong>, Mathews expressed his concerns over the political distractions after Mexico’s President, Andr\u00e9s Manuel L\u00f3pez Obrador<\/strong>, failed to acknowledge the pro tempore leadership of Peruvian President Dina Boluarte<\/strong> in the Alliance, which also includes Colombia and Chile.<\/p>\n

Speaking at an event during the 78th session of the UN General Assembly<\/strong> and shortly before an event at the CFA Society in New York promoting the Alliance, the Peruvian minister emphasized the political<\/strong> strain. Ideally, for the alliance’s goals, there should be not only private efforts but also “a state that promotes<\/strong> and facilitates,” he said.<\/p>\n

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\"Peru's
Peru’s Minister of Foreign Trade and Tourism, Juan Carlos Mathews, during an interview with Agencia EFE in New York. EFE\/ Alfonso Lozano<\/figcaption><\/figure>\n

POSITIVE EXPECTATIONS<\/b><\/p>\n

Despite differences between the member countries, Mathews says there is a positive<\/strong> expectation “despite the political noise,” and stresses that such tension<\/strong> “won’t stop the alliance.”<\/p><\/blockquote>\n

During its presidency of the Pacific Alliance<\/strong>, Peru aims to boost “global value chains.” Mathews clarified it is not just about looking to “grow trade, investment<\/strong>, and tourism among us, but collectively<\/strong>.” He advocated for joint trade offers from Alliance countries to third parties.<\/p>\n

“If Peru produces<\/strong> fresh grapes seven months a year, and Chile produces for another five, it only makes sense for a bi-national consortium<\/strong> to come up with a joint brand between us,” says the minister. “We need to articulate<\/strong> and set it up well for it to work,” he added.<\/p>\n

\"Peru's
Peru’s Minister of Foreign Trade and Tourism, Juan Carlos Mathews, during an interview with Agencia EFE in New York. EFE\/ Alfonso Lozano<\/figcaption><\/figure>\n

MACROECONOMIC STABILITY<\/b><\/p>\n

Regarding foreign<\/strong> investments in Peru, Mathews noted that despite the recent changes in governments, what most attracts<\/strong> those willing to invest in the country is “macroeconomic stability and legal security.”<\/strong><\/p>\n

In this regard, he indicated that based on the feedback<\/strong> he received from investors in the United States<\/strong>, “Peru and Colombia are the countries with the greatest potential<\/strong>.”<\/p>\n

According to Mathews, investors<\/strong> are aware of the economic ups and downs. However, he pointed out that Peru boasts<\/strong> “one of the lowest inflation rates<\/strong>, good reserves, a fiscal deficit of less than 2%, and a debt position better<\/strong> than anyone in Latin America,” alongside Chile. EFE<\/p>\n