January 2018 \ News \ COVER STORY—PERU

Why should Indian investors invest in Peru? It is because Peru...

Why should Indian investors invest in Peru? It is because Peru has strong macroeconomic credentials, strong framework for foreign investment, open trade integration policy and market access and Investment Opportunities sustained over time. Peru has signed and currently has in force Agreements for the Promotion and Reciprocal Protection of Investment and Trade Agreements of further scope that includes investment chapters that underpin our liberalization policy. It has also signed 8 agreements to prevent double taxation with Andean Community, Brazil, Chile, Canada, Korea, Mexico, Portugal and Switzerland. Peru has reduced tariff structure with low tariff dispersion and is working to become a globalized economy, with preferential access to the world’s largest markets.

Peru with its rich and diverse geography and ancient culture is an enticing blend of ancient history and natural wonders with exciting wildlife spotting opportunities and unique sights found nowhere else on Earth, thus emerging as a magnificent holiday destination for Indian citizens. It is home to one of the world’s most impressive ancient cities, Machu Picchu, which is one of the seven new wonders of the world. Peru is blessed with incredible landscapes like the coastal desert, Amazon forest, snow-capped peaks of the Andes and the turquoise waters of Lake Titicaca. Peru’s diverse environments are embedded with an intriguing past. The archaeological remains of pre-Columbian cultures such as Caral, Nazca Lines, Chan Chan and Kuelap, illustrate Peru’s diverse ancestral legacy.