martes, 9 de agosto de 2011

Doing Business with Peru

If you are a International Trade Company and this is the frist time you want to do business with Peru, let´s start with some important information you must now before you introduce yourself to the Peruvian Market.

Peru:

Peru is located on the Western side of South America and convers 1,285,215 square kilometres in this area.

The administrative divisions of the country include 24 Departments (where we develop and one Constitutional Province, Callao. Each Department consists of provinces, which total 180 (Callao included), and these are divided into districts, which total 1,747. The capital city is Lima.
The official language is Spanish but in many regions of the country the Quechua language is in use (a dialect inherited from the Inca culture) The currency is the New SOL but for International Trade facilities we are able to use dollars.

Foreign Investment:

If you are interested in doing business with a Peruvian Company, as consultants we can say that Peru offers you the following advantages:
  • Monetary stability
  • Less country‐risk than in other countries in the region
  • Investment opportunities
  • Variety of human and natural resources
  • Excellent geographic location
  • Andean Trade Promotion and Drug Eradication Act (ATPDEA).
  • Investment attraction.
  • Sustaining responsible economic administration.

Production:

In this small article, let´s mention 2 of the main sectors we support in 2C Consulting:

Peruvian Handicrafts:

They emerge with the rise of peruvian productive activity. Developing along with new technology under different social formations, handicrafts assume various forms.
In conformity with the stages of the social division of labor, they are usually subdivided into domestic handicrafts, commissioned (made-to-order) handicrafts, and handicrafts produced for the market.

Domestic handicrafts, the earliest form, prevail before handicrafts develop into an independent sector of the economy. Produced by the members of a household to satisfy their own needs, they are an inseparable part of the subsistence economy.



Textile and apparel production 

We are specialize in  high quality textile and apparel production, with raw materials like cotton and wool of alpaca, among others; offering contributions to manufacturing industry.

Fine textile tradition in Peru dates back to Pre Inca times and is supported in the high quality of inputs used, such as alpaca and Pima cotton fibres. Textile and apparel production have evolved in techniques and designs becoming one of the best quoted products in their respective types worldwide.

Thus, Peru has achieved good positioning as a reliable supplier with a well developed textile sector that goes all the way from excellent quality cotton growth to rearing and shearing of vicuñas and alpacas, to spinning,
weaving, dyeing and finishing fabrics and the manufacturing of garments.

This is how it can rapidly respond to complete orders from world leader brands.


For this 2 sectors is important to know that Peru is  member of APEC to improve its trade in the Pacific Basin. It also has an active policy of negotiation of international trade agreements with American, European and Asian countries and economic groups.