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

Saturday, April 12th 2014 - 08:06 UTC
Full article 11 comments
Humala meets Prime Minister Harper: 'Canada a strategic partner' for Peru 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%.

 “I am deeply grateful and accept this honour, not for myself, but as the representative of the Peruvian people” said Humala addressing the audience gathered at Toronto's Ritz Carlton.

“This is an award for Peru which strives daily to develop the potential of its resources given by nature and to achieve a fairer society driven by respect for freedom, democracy and equal opportunities”.

Likewise, Humala ratified his administration’s pledge on building a modern Peru, with development and social inclusion. “An aim which requires an appropriate international insertion in the fields of investment, market access, integration and cooperation,” he said

Likewise Peru is an emerging country within a new area of fast development and transformation such as the Pacific Alliance, of which Canada has observer status. He also pointed out that in the last decade Peru's GDP has doubled, while exports have soared three-fold, despite the global financial crisis.

“The most cautious forecasts indicate Peru will continue to lead regional economic expansion during 2014 with a growth rate of between 5.5% and 6%, while private investment is likely to record an increase of nearly 8%” he said.

“We are a serious government that honours its promises and complies with what it signs”, he underlined.

President Humala also pointed out that Peruvian democracy is being consolidated within a context where the poverty rate has been cut by half, which adds to the government’s ongoing efforts to further strengthen and expand the country’s middle class.

He also underlined the significance of education, a 'strategic priority', but not simply to distribute the country's wealth, rather “to teach how to create wealth”.
The president described Canada as a strategic partner and pointed out that 'Canada is Peru's fourth trade partner'.

Kenneth Frankel, CCA president said that the Peruvian president has had an outstanding performance in managing his country's finances and has become a regional and international figure in global affairs.

“Humala has given evidence of a strong economic domestic leadership with a financial performance based on a robust sound economic policy, and at the same time has fortified the financial reforms initiated in Peru”, said Frankel.

During his three-day visit to Canada President Humala met in Ottawa by Prime Minister Stephen Harper and also held discussions with Canada's Pensions Scheme, one of the country's major investment funds.

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  • Anglotino

    I must admit that Peru has surprised me over the last decade.

    The defeat of Shining Path has been a major reason of this; which should cause Colombia to absolutely boom once the FARC are dealt with.

    Apr 12th, 2014 - 10:22 am 0

    And you still won't see Argentina following their path.

    Apr 14th, 2014 - 01:11 pm 0
  • Condorito

    I love Peru and I love to see them prosper. I know that we have our issues with them (that we are putting behind us one by one) but it is an undeniably fantastic country.

    It is not an Afro-European melting pot like Brazil, or a Italian-Germanic enclave like Argentina, or a Mestizo outpost like Chile. It is the cradle of South American civilization, it is the Andes, the Altiplano and the Amazon - it is the true America.

    One day Peru will be great again.

    @ Anglotino
    Although the Shining Path has only conceded defeat in the last few years, it was Fujimori who crushed them in the last decade of the 20th century. Yet another group of odious communist idealogues deservedly thrown in to the unmarked graves they earned.

    Although the reasons are understandable, I wish that Colombia had managed (like Peru did) to win its fight without US help. The presence of US military only gives ammunition to the usual nutters.

    Before you gasp your last breath, take a moment to consider that you achieved nothing more than decades of suffering for your poorest compatriots. Your failure is complete.

    “And you still won't see Argentina following their path.”

    Actually Toby we will see exactly that.

    As I told you last year, Argentina would be forced to adopt orthodox economic policies - that has now started. Although you despise it, Argentina is frantically trying to fix all their bridges to the international community to get the foreign investment you need.

    Like Peru, the Argentine economy will start to open up through necessity.

    Apr 14th, 2014 - 01:57 pm 0
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