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Germany and Peru: Bilateral relations

20.04.2022 - Article

Peru and Germany enjoy close and amicable political ties. Dialogue is intensive, both bilaterally and in multilateral forums.

There are regular political visits. The Federal President visited Peru in 2015 and the Parliamentary Friendship Group for Relations with the Andean States visited Lima and Pucallpa in 2019.

A number of German political foundations maintain offices in Peru (Konrad-Adenauer-Stiftung, Hanns Seidel Foundation, Friedrich Naumann Foundation for Freedom and Friedrich-Ebert-Stiftung).

Peru’s economic growth over a 22-year period was interrupted by the COVID-19 pandemic, with the country’s GDP falling in real terms by 11.1% in 2020.

However, GDP rose by 13% in 2021. Economic activity is now back to normal and a growth rate of 3-4% is forecast for 2022.

The largest German investment is the extension of Lima airport by Fraport AG. German companies are active and successful above all in the delivery sector, particularly in the field of technology. Trade and services make up around 58% of GDP, industry 16%, mining and oil production 15%, the construction sector 5% and agriculture 6%. The mining sector accounts for some 60% of the country’s exports. The economic downturn caused by the pandemic affected all sectors across the board in 2020.

Development cooperation centres around the environment, good governance and sustainable urban development, which are key factors for Peru when it comes to sustainable development. Cooperation on climate and environmental issues, based on the global agenda for sustainable development and national contributions to climate protection, as well as alignment with OECD standards in the context of Peru’s OECD accession process, are the main focus of attention. Rapid funding to combat the pandemic and help rebuild the economy was made available in development policy negotiations with Peru. 

In the field of culture, work focuses on teaching German as a foreign language (three international schools, 21 other schools teaching German; a total of some 18,500 pupils are learning German) and on academic exchange (many examples of bilateral university cooperation; 2019: 490 German Academic Exchange Service scholarships for Peruvian nationals and a total of 1436 Peruvian students in Germany).

There is a Goethe-Institut in Lima and a German-Peruvian culture institute in Arequipa.

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