Peru Bets It Can Navigate US-China Tensions, Grow Export Markets

A longshoreman passes in front of shipping containers filled with copper plates being loaded onto a ship at the Port Terminal of Ilo, Peru.

Photographer: Dado Galdieri/Bloomberg

Peru’s finance chief expressed confidence that his government can stay in the good graces of both the US and China as the Andean nation aims to further grow its foreign trade and benefit from higher export prices.

“We have a very good relationship with the US, with Europe, with China,” said Finance Minister Raul Perez-Reyes in an interview in London, where an official delegation is trying to court investors. “We as a country manage a foreign policy based on active neutrality.”