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December 24, 2022
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Trade with Mexico would not be affected

Trade with Mexico would not be affected

In recent days, the political relationship between Peru and it has been tense However, this would not affect the commercial part of both countries, said the executive director of the Institute for Research and Development of Foreign Trade of the Lima Chamber of Commerce (CCL), Carlos Posada.

Between January and October, Peruvian shipments to the northern country increased by 59.1% and exceeded US$662 million. Among the products sold are paprika, fresh grapes and palm oil.

“Mexico is our third export destination in the region. I don’t think the relationship is affected. What must be taken into account is that the business market likes a stable climate,” said Posada.

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Regarding imports from Mexico, in the 10 months they amounted to US$1,873 million, and televisions, tractors and other vehicles are mainly purchased.

On the other hand, the manager of Kallpa SAB, Alberto Arispe, recalled that there is a process of integrating the Peruvian, Chilean and Colombian stock markets, and that the Mexican could join later. “I do not see that the fact that the Mexican ambassador has been expelled affects a possible integration. Even under the denied assumption that we sever diplomatic relations, that doesn’t mean we can’t do business,” he added.

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