Peru PM announces funding for mining, public-private partnerships

Reuters | Lima | Updated: 03-04-2024 21:20 IST | Created: 03-04-2024 21:15 IST
Peru PM announces funding for mining, public-private partnerships
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Peru's Prime Minister Gustavo Adrianzen said on Wednesday the government planned to award this year some $8 billion in funds for public-private partnerships as well as make viable up to $4.6 billion of investment in the country's key mining sector.

Adrianzen added that the government expected this year to finalize talks on improving commercial integration with China, as part of a free trade agreement signed in 2009 which has boosted exports notably of Peruvian mining products. The negotiations on amending the treaty began in 2019.

The prime minister's comments come ahead of a vote of confidence in the cabinet, which saw several ministers resign on Monday amid a scandal involving a probe into allegations of illicit enrichment and use of luxury Rolex watches

by President Dina Boluarte, who has denied wrongdoing.

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