BUYUSA.GOV -- U.S. Commercial Service

Peru Local time: 04:19 AM

Peru named Market of the Month for November

Peru's economic performance over the past six years has been nothing short of a miracle. Between 1998 and 2002, the Peruvian economy stagnated as El Niño and the Asian financial crisis dealt significant blows to market stability. Four years later, the Toledo Administration’s recovery program has brought significant changes to Peru’s economy. By the end of 2006, GDP is estimated to grow 5% while exports and imports will reach an estimated $18.2 billion and $13.2 billion, respectively. Positive economic growth towards a stable, competitive market continues to transform Peru into a more dynamic environment for U.S. investment.....

For more information, please visit the following site:
http://www.export.gov/articles/Peru_MoM.asp