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  HOME | Peru

Humala Touts Peru as China’s “Bridge” to Latin America

BEIJING – Peruvian President Ollanta Humala met on Monday with Chinese Premier Li Keqiang, to whom he expressed the important role the Andean nation can play as a “bridge” of understanding between Latin America and China.

The two leaders met in Beijing’s Great Hall of the People on the fourth day of Humala’s visit to China after participating in the Boao Forum for Asia on the Chinese island of Hainan.

In Boao, the Peruvian president had already met with Chinese counterpart Xi Jinping to sign 11 cooperation accords.

“As events are developing, Peru can be the (primary) center for (Chinese) investments in Latin America,” Humala said.

As part of that strategy, after the meeting with Li Humala held a working breakfast with businessmen who are members of the Chinese Council for the Promotion of International Trade, accompanied by several of his Cabinet ministers.

There, the Peruvian government presented to the Chinese investment opportunities on a score of priority infrastructure projects valued at $15 billion.

Humala on Monday also attended the inauguration near Beijing of the first Peruvian Studies Center in China.

After 41 years of diplomatic relations and more than 160 years of Chinese immigration to Peru – about 10 percent of Peru’s population has Chinese heritage – China is the South American country’s main trading partner and Peru is one of the Latin American countries where the world’s No. 2 economy invests the most.

According to recent figures, in 2011 trade between Peru and China totaled $12.58 billion, while during that same year 38 percent of Chinese investment in Latin America was made in Peru. EFE


 

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