Robert SanchezMinister of Foreign Trade and Tourism, highlighted this past Thursday, February 24, that Peru has a solid economy to mitigate the risks of the impact of the military conflict between Russia and Ukraine, on the prices of imported products.
“If the fuel market were affected, we would have to appeal to the Fuel Price Stabilization Fund, fortunately there is a solid economy to be able to mitigate that risk,” he told Canal N.
He mentioned that the Peru buy a lot hydrocarbon from abroad, and although it does not purchase oil from Russia, it brings it from the United States, Brazil and Ecuador at the international market price.
In terms of foreign trade, Sánchez said that the Russian market only represents 0.4% of the more than 56,000 million dollars that Peruvian exports reached in 2021.
Regarding Peruvian exports to Ukraine, he pointed out that in 2021 they only represented 0.2%.
“It is smaller, it is also important, but we will still take the measures to mitigate it,” he assured.
With regard to tourism, the head of Mincetur pointed out that Russia and Ukraine are not very significant source markets for tourists to Peru, as are the United States and Western Europe.
Source: Larepublica
Kingston is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
