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Home >International Network >Peru

PERU 

The Republic of Peru is located in Southwestern America between the Equator line and the Tropic of Capricorn, bordered by the Pacific Ocean to the West, by Ecuador and Colombia to the North, by Brazil to the East, by Bolivia to the Southeast and by Chile to the South. It is 1 285 220 sqkm-wide with a total population representing 31,1 million people (in 2015), and $195 billion GDP (FMI, 2016).

The two major development sectors are the mining and the fishmeal industry. Since 2000, Peru has become a major agricultural exporter with products such as asparagus, paprika and organic bananas (1st world exporter), as well as mangoes, avocados, grapes, coffee, cocoa and premium-quality cotton. It is one of the world’s leading fishing countries and ranks among the largest producers of bismuth, silver, and copper. In recent decades, Peru has struggled to modernize its economy by developing nontraditional exports as well as manufacturing consumer items to meet local needs.

Peru’s major trading partners are the United States, China and Switzerland. Other trading partners include South American countries such as Ecuador, Chile, Colombia, and Brazil.

The Free Trade Agreement concluded between Peru and the EU in 2010 led to an increase in trade, particularly in the agri-food sector. In 2014, a strong impetus was given to EU-Peru cooperation in the aerospace sector, with the purchase of an earth observation satellite from Airbus Defense & Space. In 2014, Peru ranked 93rd among France's clients (8th in Latin America) and 70th in terms of suppliers.

France purchases in the country are mostly made up of agricultural and agro-food products, when the two main export areas are the industrial sector (mechanical equipment, electric, electronic and IT material) and other industrial products (chemicals, pharmaceuticals, perfumes, cosmetics, etc.).

84 French companies (half of the CAC 40 members) are registered locally, through subsidiaries, via distributors or representatives in neighbouring countries. They employ over 15,000 people.

French foreign direct investments (FDI) in Peru total $220.5 million (ProInversión), making France the 15th-largest foreign investor and the 5th-largest among EU countries.

 

In this context, Simon Associés entered into a strategic alliance agreement with Estudio Muniz, located in Lima, with 9 other offices in Peru.

 

 

Founded in 1981, Estudio Muniz Law Firm relies on a team of professionals highly specialized in the different areas such as Aviation, Communications, E-Commerce and Privacy, Intellectual Property, Maritime and Port Law, 

Fashion and Retail Law, and many others in the Ecomic sector which makes the legal services they provide perfectly fitting with clients’ business strategies.

Estudio Muniz was rewarded "Leading Firm" by the Legal 500 Latin America in 2017. In 2018, Chambers Latin America, rewarded Estudio Muniz as "Leading Firm".

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