Peru and EU agree to boost cooperation, business ties

Peru and the European Union, during European Commission Vice President Antonio Tajani's visit here, agreed Wednesday to boost their cooperation and strengthen business ties. During the visit so far, Tajani has signed four agreements with Peruvian Foreign Minister Rafael Roncagliolo in the fields of raw materials, industrial cooperation, small- and medium-sized enterprises development, and sustainable construction, as well as one joint declaration aimed at boosting tourism in low seasons. Tajani commended Peru as one of the most important countries in the region for European countries, as it provided political security and economic stability. "The European companies that work in Peru are satisfied," he said, adding Peru averaged economic growth of 7 percent annually. Roncagliolo said the relationship with the EU would play an important role in Peru's economy, and the ties continued to consolidate in a "flowering and productive" way. Roncagliolo also said he appreciated the job the business delegation was doing in promoting trade and investment in Peru. Tajani was accompanied by a large delegation of 44 representatives from 37 European companies and industry associations from 10 EU states. Tajani arrived here earlier Wednesday for a two-day visit.