Tag: Peru

Monday, April 21st 2014 - 07:47 UTC

Peruvian fish meal and fish oil companies losing money, claims the industry

SNP president Elena Conterno blames fishing quotas and new regulations

Out of a total of 12 Peruvian companies in the fishmeal and fish oil industry, only two recorded profits during 2013, while the other ten accumulated a loss equivalent to 87.4 million dollars, according to the country's National Society of Fisheries, SNP.

Saturday, April 12th 2014 - 08:06 UTC

Peruvian president Humala honoured as “Statesman of the Year” in Canada

Humala meets Prime Minister Harper: 'Canada a strategic partner' for Peru

Peruvian President Ollanta Humala at the end of his three day visit to Canada was honoured in Toronto by the Canadian Council of the Americas with the “Statesman of the Year” annual award. On thanking the award President Humala said that Peru during this year is expected to expand over 5.5% while investment is set to increase by 8%.

Monday, March 31st 2014 - 19:42 UTC

Uruguay and Peru in line for a possible upgrading, according to Moody's

Uruguay central bank with sufficient reserves to cover 18 months of debt payments plus contingent funds

Uruguay and Peru are the first Latin American countries in line for a possible credit rating hike by Moody's Investors Service, at a moment when sovereign upgrades are expected to become more scarce in the region, a senior analyst with the ratings firm said.

Thursday, March 27th 2014 - 08:19 UTC

Peruvians encouraged by the squid potential in the area recovered from Chile

According to Imarpe up to 200.000 tons. of squid could be caught in the area

The 50,000 square kilometers of maritime space Peru gained from the favorable ruling by the International Court of Justice in The Hague, on the border dispute with Chile, have a potential fishing activity that includes 200,000 tons of Peruvian squid, according to the country's Sea Institute, (Imarpe).

Friday, January 31st 2014 - 06:32 UTC

Peru and Chile committed to 'gradual and timely' implementation of maritime border ruling

Piñera and Humala made a display of unity and appeasement

As the echoes of Monday’s International Court of Justice (ICJ) continued to reverberate in Santiago and Lima, Presidents Ollanta Humala and Sebastián Piñera of Peru and Chile met on the sidelines of the CELAC (Community of Latin America and Caribbean States) summit in Havana in a show of unity.

Tuesday, January 28th 2014 - 06:41 UTC

UN highest court settles maritime dispute: pride for Peru, rich fisheries remain for Chile

Chilean president Piñera disappointed with the ruling

The United Nations’ highest court set a maritime boundary between Chile and Peru on Monday that grants Peruvians a bigger piece of the Pacific Ocean while keeping rich coastal fishing grounds in the hands of Chilean industry. Despite high emotions over the dispute, the ruling is expected to have little effect on cordial ties between the two neighbors whose economic interdependence has grown greatly in recent years.

Tuesday, January 14th 2014 - 00:54 UTC

Chile, Peru prepare as Hague Court sets to resolve territorial dispute

President Piñera met with former presidents to transmit unity

With the decision over ongoing maritime dispute between Chile and Peru just weeks away, government officials on both sides insist relations between them are strong. On Jan. 27 Peru and Chile are set to find out who has legal ownership over 14,500 square miles of fishing waters off their borders, putting an end to a centuries-long dispute and ending a five year international court case.

Friday, January 3rd 2014 - 18:40 UTC

'Andean super crop' quinoa opens the way for the UN Year of Family Farming

Morales: “Our quinoa has been discovered worldwide as an ally in the fight against hunger”

Increased production and consumption of quinoa, coupled with higher visibility of and greater scientific knowledge about the so-called “Andean super crop” is the legacy left to the world by the International Year of Quinoa 2013, the closing ceremonies of which were held in Bolivia and Peru.

Monday, December 16th 2013 - 10:37 UTC

Chile/Peru maritime dispute: International Court of Justice verdict January 27

The disputed area claimed by Peru

As the International Court of Justice is set to release its final verdict in January, Peru announces plans to build a new settlement less than a mile from the Chilean border. After years of tribulation, an end is finally in sight for a maritime dispute between Chile and Peru, with The Hague to announce its verdict on the case Jan. 27.

Thursday, December 12th 2013 - 06:39 UTC

London conference on Pacific Alliance; UK granted observer status

British Minister for Latin America, Hugo Swire wants closer relations with the Alliance

Over 150 representatives of British companies and businesses attended the conference on the Pacific Alliance (Chile, Peru, Colombia and Mexico) organized by the British Foreign & Commonwealth Office and the Financial Times. The Alliance is considered one of the newest and most promising political and economic blocks is emerging from Latin America.


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