Indian Industry

Country Profile

Peru
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Peru is situated in the western south america and it is bordered by the ecuador and colombia on the north side, brazil by the eastern side and bolivia on the southeast asia. The nation encompasses total 1,285,220 sq km area which can be divided into 1.28 million sq km & 5,220 sq km land and water area respectively. The country is a home to around 29,180,899 . It has a GDP of $217.5 billion recorded at a 7.5% growth rate.

Snapshot

Official Name - Republic of Peru
Capital City - Lima
Type of Government - Presidential Republic
Currency - Nuevo Sol
Fiscal Year - Calendar Year
Official Language(s) - Spanish
Local Time - PET (UTC-5)
International Dialling Code - +51
Internet Domain - .pe
Major Cities - Lima, Arequipa, Chiclayo, Chimbote,Cusco, Huancayo, Iquitos, Piura, Trujillo
Major Industries - Mining and Refining of Minerals, Steel, Metal Fabrication, Petroleum Extraction and Refining, Natural Gas, Fishing and Fish Processing, Textiles, Clothing, Food Processing
Major Trading Partners - US , China, Switzerland, Canada ,Chile, Japan, Brazil, Colombia, Argentina
Double Taxation Treaty with India - No




Economic Overview
  • Mining, agriculture and fishery are the main elements of the Peru economy
  • In recent years tourism sector is growing at faster pace.
  • Economy is growing at a rate of nearly 5%.
  • Peru is a major producer of gold, copper, zinc, lead, silver and tin.
International Trade
Major Export Items
Fish and Fish Products, Diamond Mining, Handicrafts

Main Destinations of Exports
Denmark, China, Japan

Major Import Items
Machinery and Transport Equipment, Manufactured Goods, Food and Live Animals, Petroleum Products

Main Origins of Imports
Denmark, Sweden Norway

Contacts of Trade Ministries/ Associations

Peru, Nebraska Chamber of Commerce The American Chamber of Commerce of Peru
P.O. Box 246
Peru, NE 68421

Av. Ricardo Palma 836, Miraflores
Tel.:+(51)-7058000
Fax:+(51)-2410709
E-mail:amcham@amcham.org.pem



Business Visa Rules
  • Valid passport with minimum 6 months of validity remaining.
  • 2 recent passport size photographs.
  • Business letter written on the company's letterhead detailing about the applicant name, address job position, purpose of visiting peru. It should be signed by some company person other than the applicant.
  • Proof showing financial stability of applicant like bank statement, credit card copy. It is necessary to know whether the person is capable to meet daily expenditure while his is staying in peru or not.
  • Letter of invitation from business associates or company of peru.
Business Hours
Business hours can vary but are usually from 09:00 to 18:00 Monday to Friday.

Public Holidays

Festival Date
New Year's Day January 01
Maundy Thursday Date Varies
Good Friday Date Varies
Easter Date Varies
Labour Day May 01
St. Peter and St. Paul June 29
Independence Day July 28-29
Santa Rosa de Lima August 30
Battle of Angamos October 08
All Saints Day November 01
Immaculate Conception December 8
Christmas December 25
peru


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