Peru Leftist Candidate Pledges to Seize Foreign Company Profits

  • Pedro Castillo said he’ll seek to review company contracts
  • Castillo and Keiko Fujimori clash during presidential debate

Pedro Castillo

Photographer: Miguel Yovera/Bloomberg
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Peruvian presidential front-runner Pedro Castillo said he’ll review contracts with transnational companies in an effort to increase onshore wealth.

In a debate with Keiko Fujimori ahead of the June 6 runoff, leftist Castillo said multinationals should expect to leave 70% of their profits in Peru.