Zapatero guarantees Spanish investment in Peru
www.chinaview.cn 2008-01-22 10:19:37   Print

Peru's President Alan Garcia (L) gestures besdie Spain's Prime Minister Jose Luis Rodriguez Zapatero after their meeting at the Moncloa Palace in Madrid Jan. 21, 2008.  (Xinhua/Reuters Photo)

Peru's President Alan Garcia (L) gestures besdie Spain's Prime Minister Jose Luis Rodriguez Zapatero after their meeting at the Moncloa Palace in Madrid Jan. 21, 2008.  (Xinhua/Reuters Photo)
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    MADRID, Jan. 21 (Xinhua) -- Spanish Prime Minister Jose Luis Rodriguez Zapatero told his visiting Peruvian counterpart Monday that Spanish enterprises will continue investing in Peru.

    "Most of Spain's big enterprises have invested in Peru, have confidence in Peru and of course are going to continue investing in Peru," Zapatero said during a meeting with Alan Garcia, on his first official visit to Spain since he took office in July 2006.

    Garcia said he is promoting Peru's growth through investment and he expected the presence of Spain and other EU countries in this development process.

    In a joint declaration after the meeting, Zapatero said Spain is "the biggest investor in Peru" and both countries hold "a strong historic and cultural relationship."

    Spain was Peru's main investor in 2007, with an accumulated investment of 3.162 billion euros (about 4.553 billion U.S. dollars), mostly in telecommunications, finance and energy.

    Zapatero offered support to the upcoming EU-Latin America Summit slated for May in Peru's capital Lima, saying it will be a success.

    Garcia expressed hope that Spain will help Peru improve relations with the EU, which should have "more opportunities" in Latin America's development.

    During his visit, Garcia also met with Spanish entrepreneurs, inviting them to invest in Peru, especially in the hydroelectric sector.

Editor: Jiang Yuxia
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