Bilateral relations Switzerland–Peru
Switzerland and Peru enjoy friendly relations, which are reinforced by regular political consultations. Peru is one of Switzerland's priority countries in the area of economic development cooperation.
Switzerland and Peru enjoy friendly relations, which are reinforced by regular political consultations. Peru is one of Switzerland's priority countries in the area of economic development cooperation.
Switzerland and Peru maintain active political relations. Bilateral relations are focused primarily on trade enhancement, cultural and judicial cooperation, business and human rights issues and Switzerland's assistance in promoting economic development and climate change adaptation.
Switzerland and Peru have entered into agreements on free trade, investment protection, double taxation, air transport, mutual legal assistance, and the protection of cultural property.
On 20 October 2020, Switzerland and Peru signed an agreement setting out the basis for Switzerland to offset part of its CO2 emissions through projects in Peru. This agreement, which entered into force on 1 August 2021, is the first of its kind in the world.
On 16 December 2020, Switzerland, Peru and Luxembourg signed an agreement governing the return of around CHF 26 million in illicitly acquired assets to Peru (Montesinos case). The agreement came into force on 18 April 2021. The funds will be used to fight corruption in Peru. Between 2002 and 2006, Switzerland had previously returned around CHF 93 million to Peru in relation to the Montesinos case.
Switzerland-Peru climate protection agreement (fr, de)
In 2022, Switzerland imported goods worth CHF 2.4 billion from Peru, primarily gold (over 90% of the total volume of imports) and agricultural products. In the same year, Switzerland exported goods worth CHF 131.6 million to Peru, mainly comprising machinery, pharmaceutical products and precision instruments. In 2021, Swiss direct investment in Peru amounted to CHF 712 million. Swiss companies employed 8,653 people in Peru in 2021.
Information on countries, State Secretariat for Economic Affairs (SECO)
Researchers who are citizens of Peru can apply to the State Secretariat for Education, Research and Innovation (SERI) for Swiss Government Excellence Scholarships. Under a mandate conferred by SERI, the University of St Gallen is currently coordinating research cooperation initiatives between Switzerland and Latin America.
Swiss Government Excellence Scholarships for Foreign Scholars and Artists (SERI)
Peru has been a priority country for SECO's economic development cooperation since 2009. Approximately CHF 75 million has been allocated for this purpose for the 2021–24 period. Peru is also a beneficiary of the SDC's programme for the Andean region, which focuses on climate change, natural disasters and the sustainable management of water resources.
Peru, State Secretariat for Economic Affairs (SECO)
Peru is a priority country for cooperation with the Federal Office of Culture. Switzerland and Peru have co-financed several cultural projects. The Museum Rietberg in Zurich, for example, held an exhibition on the Nasca culture in 2017 and 2018. Since 2020, Switzerland has been funding the restoration of several artefacts from Caral, the oldest civilisation in the Americas.
Museum Rietberg, Nasca exhibition
Switzerland supports conservation of the Caral archaeological site (es)
According to statistics on the Swiss abroad, there were 2,857 Swiss nationals living in Peru at the end of 2022.
A Swiss consulate opened in Lima in 1884 and was upgraded to a consulate general in 1931. A diplomatic representation has existed since 1946. In 1964, Switzerland launched one of its first technical cooperation programmes in the Peruvian Andes. There has been a Swiss Chamber of Commerce in Peru since 1979. Following a severe economic crisis at the beginning of the 1990s, Switzerland cancelled Peru's debt.
Last update 13.06.2023
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