Delegations from Argentina and Peru met at the Palacio San Martín to boost and enhance trade and reciprocal investment.
Both countries underscored their historical fraternal ties and agreed on the importance of these negotiations in the context of the "Mechanism for Trade Promotion, Investment and Tourism" and the "Subcommittee on Economic and Financial Affairs."
The Argentine delegation was headed by the Secretary for International Economic Relations, Ambassador Horacio Reyser Travers, and the Peruvian delegation by the General Director for Economic Affairs, Ambassador Javier Paulinich Velarde.
The importance of the bilateral relation was underscored, as well as both parties' interest in strengthening it, taking into account the great potential of both economies.
Argentina expressed an interest in recovering earlier bilateral trade volumes, especially in higher added-value products, as well as in moving towards a more modern, complex and comprehensive relationship, with which the Peruvian delegation agreed.
In that context, a dialogue between the sanitary institutions of both countries was promoted, as well as tourism cooperation and the reactivation of the Argentine-Peruvian Business Council.
Both countries addressed items of common interest on the agenda, such as the strengthening of Economic Complementarity Agreement (ECA) No. 58, certain aspects related to closer links with OECD, and the elimination of fisheries subsidies in the WTO context.
Argentina thanked Peru for its support for Argentina to be admitted as an observer to the Pacific Alliance, and expressed its firm decision to make progress in the relation between said bloc and Mercosur during the Argentine Pro Tempore Presidency, held until mid-2017.
Press release No. 457/16.
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