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.
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.
Peruvian President Ollanta Humala and Brazil's Dilma Rousseff agreed on Monday to promote regional integration and trade as they marked the 10th anniversary of the bilateral strategic alliance. Rousseff arrived Monday in Lima on her fourth visit to Peru since Humala took power.
Peru has scored a significant victory in the age-old battle with Chile over the origin of the two countries’ most popular liquor, with the European Commission recognizing the former as the original home of pisco
Peru's Prime Minister Juan Jimenez said on Tuesday he is leaving President Ollanta Humala's government and that other cabinet changes will soon be announced by his successor - a local governor and former business manager.
China National Petroleum Corp., the country’s largest oil producer, is nearing an agreement to buy Petrobras assets in Peru for more than 2 billion dollars. The proposed deal may be announced as soon as next month, according to sources quoted by Bloomberg.
Colombia, Peru and Chile announced on Wednesday the integration of their foreign exchange markets in the framework of MILA to facilitate money exchange operations between the three associates which add to a daily average turnover of 2,798bn. So far the Latinamerican Integrated Market, MILA, is operating with a combined stock market for the three nations.
The Pacific Alliance made its official presentation in New York before 200 business people and investors, mostly from the US, with four top anchor men: the presidents of Chile, Peru and Colombia and Mexico’s foreign trade minister since head of state Enrique Peña Nieto had to remain in the country because of the catastrophic floods.
Paraguay and Venezuela presidents Horacio Cartes and Nicolas Maduro met on Friday for over half an hour following the mediation of Brazilian leader Dilma Rousseff during the Unasur summit taking place in Paramaribo, Suriname. The meeting was made official by the Paraguayan presidency office and twits from the Planalto Palace, seat of the Brazilian executive.
The number two leader of Peru's Shining Path is believed to have been killed with two other top ranking guerrillas in a battle with government forces, President Ollanta Humala announced.