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PERU INTERNATIONAL BUSINESS

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  • 1. INTERNATIONAL BUSINESS PERU
  • 2. PERU BRIEF OVERVIEW: NAME: PERU CAPITAL: LIMA OFFICIAL LANGUAGE: SPANISH GOVERNMENT: PRESIDENTIAL REPUBLIC INDEPENDENCE: FROM SPAIN DECLARED: JULY 28, 1821 CONSOLIDATED: DEC 9, 1824 RECOGNISED: AUGUST 14, 1879 CURRENCY: NOEVO SOL MAJOR IMPORTS: PETROLEUM PRODUCTS, WHEAT , VEHICLES< PLASTICS ETC MAJOR EXPORTS: GOLD, COPPER, FISHMEAL, ZINC, COFFEE etc GDP:$ 251.39
  • 3. PERU  CULTURE AND LIFESTYLE:  ART LITERATURE DANCE AND MUSIC  CELEBRATIONS  CUISINE PEOPLE
  • 4. PERU  MULTINATIONALS AT PERU:  3M GENERAL  ING GROUP  ABBOTT INTERNATIONAL LTD.  ADECCO  AEROPOST INTERNATIONAL SERVICES  AT&T GLOBAL NETWORK SERVICES LLC.  SCORPIO MINING  ECU SILVER MINING  DUKE ENERGY INTERNATIONAL  COLGATE- PALMOLIVE COMPANY  THE COCA-COLA COMPANY  TUMI RESOURCES
  • 5. PERU  PAST PERUVIAN ECONOMY:  AGRARIAN SOCIETY  OPEN ECONOMIC SYSTEM  MAJOR EXPORTER OF GUANO, SILVER, COPPER etc  GREAT DEPRESSION 1930  INTERNATIONAL PETROLEUM COMPANY (IPC)  INCREASE IN FOREIGN INVESTMENTS http://www.youtube.com/watch?v=UWJ8gQV-YGo http://www.youtube.com/watch?v=UWJ8gQV-YG
  • 6. PERU  PERU PRESENT ECONOMY:  AGREEMENTS WITH USA
  • 7. PERU  PAST & PRESENT RELATIONS WITH NEIGHBOURING COUNTRIES:  CHILE ECUADOR BOLIVIA
  • 8. PERU  PAST AND PRESENT RELATIONS WITH EXTENDED COUNTRIES:  NEWZEALAND CANADA CHINA
  • 9. PERU  TRADE POLICY  Importance of concessions granted under preferential regimes such as the EU Generalized System of Preferences and the U.S. Andean Trade Preference Act;  customs valuation and the preshipment inspection regime;  revision of final antidumping duties, and non-preferential certificates of origin for goods subject to these measures;  fiscal incentives, in particular under the new free zones regime;  lower excise tax on used vehicles imported through the new free zones;  local content and trade-related investment measures;
  • 10. PERU  INDECOPI's responsibilities, including the Commission on Technical and Trade Regulations;  competition policy practices, in particular with respect to interconnection rates to the fixed telephony;  participation in regional fora;  The intellectual property regime;  problems faced by the fishing industry;  suspension of rice imports;  schedule of commitments under the GATS Agreement;  conditions applying to professional services provided by foreigners.
  • 11. PERU  PERUVIAN EMBASSADORS:  PERUV AMBASSADOR TO INDIA MR JAVIER PAULINICH VELARDE  PERUV AMBASSADOR TO US MR. VALDIVIESO  PERUAMBASSADOR TO CHINA MR HAROLD FORSYTH PERU AMBASSADOR TO CHILE CARLOS PAREJA
  • 12. PERU  PERU GOVERNMENT  FROM MILITARY TO PRESIDENTIAL
  • 13. PERU  PROBLEM S AT PERU TODAY  Dependence on only a few major industries: minerals and fishing.  Drug production and trafficking  Internal riots  Less awareness regarding pollution causing problems to neighboring countries
  • 14. PERU  RECOMMENDATIONS:  Efforts to encourage people to invest in other resources of the country and to open new industries so to utilization of skilled/unskilled labor could be done in an appropriate way  Paying attention towards the societal problems and trying to solve the internal domestic problems by satisfying the needs of each and every single member of the country.  Ramp up efforts to reach the rural poor in iso­lated highland areas by focusing funding on road construction, health care, and education facilities, as well as improving other infra­structure in those areas to draw the people of southern Peru into the formal economy and democratic systems.  Unleash the entrepreneurial spirit in poor com­munities by reforming and making transparent procedures to assure property rights and land titling as well as reforming rigid labor laws in order that small and medium­sized companies can become more competitive.