Peru willing to sign trade deal with EU

EU

Peru is willing to sign a trade deal with the European Union despite differences within the Andean Community (CAN), said Peruvian President Alan Garcia Tuesday.

Garcia made the remarks to new Italian Ambassador to Peru Francesco Rausi during a ceremony. He expressed his wish to develop Peru-EU trade despite the lack of consensus among CAN member states on the group’s trade policy toward the EU. However, the EU has said it wants to sign an agreement with CAN, rather than with each of its member states.

Colombia and Peru want to speed up the negotiations with EU on a trade agreement, but Bolivia and Ecuador have different opinions. The two countries have criticized Peru’s trade stance and opposed previous attempts to change the group’s trade policies.

Headquartered in the Peruvian capital of Lima, CAN is a regional trade bloc to promote regional economic and social development through cooperation and integration. Bolivia, Ecuador, Colombia and Peru are its current full members. Chile withdrew from the group in 1976, followed by Venezuela in 2006. (Xinhua)

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

19,000 young jobseekers hired in expanded subsidy program Government

19,000 young jobseekers hired in expanded subsidy program

Manager screenings - not just for managers Interview

Manager screenings - not just for managers

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.