The Republic of Peru is a country located in the west of South America. Surrounded by Ecuador, Colombia, Brazil, Bolivia, Chile and the Pacific Ocean, it is the third largest country of the sub-continent in terms of surface area at 1,285,220 sq.kms and has nearly 32 million inhabitants. With its mid-sized economy and a GDP of around US$211,3 billion, Peru is experiencing one of the strongest developments in the region (source: FMI, 2017).
Peru has based its expansion on the primary sector (mining, fishing, agriculture), opening up to external partners through the multiplication of free-trade agreements (14 in force, notably with the European Union and the United States, the Pacific Alliance with Chile, Colombia and Mexico) and an investor-friendly legal and tax system. The country ranks among the top five world producers of silver, copper, zinc, tin, lead and gold.
The United States and China are Peru’s two largest trading partners, but commerce with the European Union is growing, thanks to the EU-Peru Free Trade Agreement, which has been in force since March 1, 2013.
France is also a major player on the Peruvian market, as the 15th biggest foreign investor in the country and the 5th among EU members.
In order to meet the needs of its customers on the Peruvian market, Simon Associés has developed privileged relations with economic and legal partners locally.