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17/06/2010
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21/06/2010

Brazil and Peru incentive Strategic Alliance

Brazil and Peru incentive Strategic Alliance

Presidents Luiz Inácio Lula da Silva and Alan Garcia met this Wednesday, in Manaus, with the objective of driving the Strategic Alliance that contemplates several projects of frontier development.

Brazil and Peru also claim to develop the trade and the physical integration.

The two countries signed the Agreement for Supply of Electric Energy to Peru and Export of Excesses to Brazil, which starts the process of interconnection of the electric nets of both countries.

They also secured agreements of cooperation in the areas of territorial organization, integrated management of hydric resources, installation of “agro-forestal” systems, aquaculture production in Javari River and implementation of a centre of industrialist capacity.

In parallel to the presidential meeting, was carried out a meeting between the President of the Federal Savings Bank (Caixa Econômica Federal, in Portuguese), the President of the Bank of the Nation of Peru (Banco de La Nación de Peru, in Spanish), and leaders of the Brazilian and Peruvian sections in the Brazil-Peru Business Council.

From 2003 to 2008, the bilateral commerce exceeded the US$ 730 millions to become US$ 3,2 billions, of which US$ 2,3 billions corresponded to exports of Brazil.

Between January and May of 2010, the exchange between Brazil and Peru reached more than US$ 1 billion, amount approximately 60 percent superior to the cipher of equal period in 2009.

In the year, the Brazilian exports reach US$ 730 millions.

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