Peru

Argentine President Javier Milei announced international trips to Brazil, Peru, Colombia, and Ecuador to attract trade and investment. The plan includes a visit to Brazilian opposition leader Bolsonaro, which is expected to cause discomfort for President Luiz Inácio Lula da Silva's government.

A UN panel found that Peru's detention of former president Pedro Castillo was arbitrary and lacked legal basis, calling for his immediate release and other remedies. The panel was divided, with two members dissenting.

Peru's inflation exceeds its target, primarily driven by fuel and transport costs. The central bank has kept interest rates unchanged for ten consecutive months. Excluding fuel and transport, inflation would be 1.6%.

The World Cup semi-finals are scheduled for July 18–19, with Argentina potentially facing Switzerland in a match on July 17. Peru’s president-elect will receive credentials on July 15, and Argentina’s inflation remains a highlighted topic.

Peru's central bank ranks first globally in policy, but the country's economy ranks 60th out of 70 in competitiveness with a score of 43.33. Citi Research forecasts 2.9% economic growth this year and 3% in 2027.

Peru's foreign ministry has established a multisectoral working group to revise the national migration policy, involving ministries such as interior, labor, health, education, tax, and civil-registry. The initiative was formalized via a ministerial resolution published in June.

Colombia's presidential transition has collapsed as President-elect De la Espriella declared it over and is bypassing the outgoing government. Peru is revising its migration policy, and the World Cup quarter-finals have begun.

El Niño is disrupting global fisheries, with Peru canceling its anchovy season, India anticipating smaller mackerel catches, and Southern California experiencing a surge in tuna fishing. The phenomenon, linked to warmer ocean temperatures, shifts marine ecosystems by altering nutrient availability and fish migration patterns, creating instability for fishers and potential price fluctuations for consumers.

Peru has relaunched its long-stalled Amazon waterway as a public-private project with a $304 million investment and a 25-year concession. The project's cost is more than triple the original $95 million awarded in 2017, aiming to deepen trade with Brazil.

Peru is working to establish a plant-health protocol to export cherries to China, with a Chinese agriculture official confirming progress. The strategy mirrors Peru's successful blueberry export model, which has seen significant growth in China, and involves the new Chancay port for shipments.

Chinese fishing vessels are increasingly using Chilean ports, shifting from Peru, with port calls surging from a handful in 2023 and 2024 to over a hundred, according to Oceana. The fleet targets Humboldt squid just outside Chile’s waters.

Beijing hosted a movie screening of the film 'Dear You' for 150 foreign diplomats and their families from 74 embassies to help them 'better understand China'. The film, organized by the Chinese foreign ministry, was shot in the Teochew dialect of the Chaoshan region in Guangdong province and has sparked debate about propaganda in Southeast Asia.

Peruvian miner Alpayana is investing C$140 million ($98.4m) for a near-20% stake in Canada’s Magna Mining through a private placement, becoming its largest shareholder. This marks Alpayana’s first move into Canada, expanding its operations.

A global birdwatching study by travel insurer AllClear ranked Peru’s Manú National Park first with 83.1 and Tambopata second with 67.5. Six of the world’s top ten birdwatching sites are located in Latin America, spanning Peru, Brazil, and Ecuador.

Peru aims to diversify its economic relationship with China beyond raw mineral exports, seeking investment in infrastructure. Ambassador Carlos Vasquez highlighted that copper, iron, and fishmeal account for over 90% of exports, prompting a strategic shift.

Buenaventura, Peru’s largest listed precious-metals miner, has poured the first gold bar at its new San Gabriel mine in Moquegua. The mine aims to produce 70,000 to 80,000 ounces of gold in 2026 and process 2,000 tonnes of ore daily.

Uruguay's President Yamandú Orsi congratulated Peru's president-elect Keiko Fujimori on her runoff victory in a cross-ideological call. The interaction occurred amid Peru's government transition, with the handover scheduled for July 28.

The far-right candidates in Peru and Colombia's presidential elections secured victory with significant support from expatriate voters. The Peruvian National Office of Electoral Processes oversaw vote counting in Lima on June 9, 2026, for the second round of the election.

Fujimori has established an Office of the President-Elect to manage the transition before July 28. Marco Vinelli and Miguel Torres will co-manage the office, which will audit ministry finances and operations. The opposition is actively resisting the transition.

The World Bank established an Andean Countries Division to oversee $9 billion in active lending across Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela. Ariel Yepez was appointed as the division's director, effective July 1.

Keiko Fujimori, daughter of disgraced president Alberto Fujimori, was declared the winner of Peru's presidential election nearly a month after voting took place in a tight race.

Five Latin American nations advanced to the World Cup's last 16, with Argentina surviving a close match against Cape Verde and Colombia defeating Ghana. Peru’s president-elect is formally proclaimed as the knockout round begins.

Brazil freezes $2 billion in assets linked to the PCC criminal organization, Peru reports accelerated glacier melting, and Argentina advances plans to develop private nuclear power. The report highlights security, environmental, and energy developments across Latin America.

Keiko Fujimori, daughter of former president Alberto Fujimori, was declared winner of Peru's presidential runoff election with 50.14% of votes, defeating Roberto Sánchez. The State Department congratulated her, and she pledged to address surging crime with an 'iron fist.'

Keiko Fujimori will take office as Peru's president on July 28 after narrowly defeating Roberto Sanchez in a closely contested election. The race is among the closest in Peru's history, with Fujimori inheriting challenges of political instability and organized crime.

Keiko Fujimori won Peru’s presidential runoff election with 50.135% of the vote, defeating Roberto Sánchez. The election focused on crime concerns, with Fujimori pledging strict measures against organized crime.

Keiko Fujimori, daughter of an autocrat, won a close election in Peru. She pledged to increase private investment in the mining sector and adopt a strict approach to crime.

Keiko Fujimori has been declared the winner of Peru's presidential runoff election. She is a conservative politician who secured victory in the contest.

Two U.S. trade deadlines in July could impact Peru's export performance. A Section 232 critical-minerals negotiation report is due by July 13, with potential copper tariff additions, while a 10% tariff on most countries expires around July 24, leaving future actions uncertain.

Peru's central bank, Banco Central de Reserva del Perú (BCRP), increased the limit for private pension fund investments abroad from 50.5% to 51%, effective July 1, 2026. The change was implemented via Circular No. 0014-2026-BCRP, published in the official gazette.

Keiko Fujimori won Peru's presidential runoff election with 50.135% of the vote, defeating Roberto Sánchez. The election focused on rising crime concerns, and Fujimori pledged to address it with strict measures. She is the daughter of Alberto Fujimori, a former president who previously led efforts against the Shining Path rebel group.

Keiko Fujimori has been officially declared the winner of the Peru presidential race. The announcement marks a significant political development in the country.

Keiko Fujimori won Peru’s presidential runoff election with 50.135% of the vote, defeating Roberto Sánchez. The election focused on rising crime concerns, and Fujimori, who will be Peru’s ninth president in 10 years, pledged to address organized crime. Her father, Alberto Fujimori, was a former president who fought the Shining Path rebel group but faced convictions for human rights abuses and corruption.

Keiko Fujimori, a conservative politician, won Peru’s presidential runoff election according to electoral authorities. The declaration was made by official sources in Lima, Peru.

Peru has lost over 42% of its glacier surface in six decades, with El Niño events accelerating glacier retreat threefold compared to normal years. Áncash and Cusco are the most affected regions, followed by Apurímac.

Southern Copper, part of Grupo México, secured $1.25 billion through a New York bond sale to develop the Tía María copper mine in Peru. The bonds carry a 5.35% annual interest rate and mature in 2036, with the project intended to produce 100.

Sweden’s Boliden is in discussions to acquire a stake in Nexa Resources, a major zinc producer controlled by Brazil’s Votorantim. Nexa operates mines in Brazil and Peru and ranks among the world’s top five zinc producers.

Peru's digital-nomad visa exists in law but remains unimplemented as of 2026, with no official application process available. Remote workers are using alternative options instead of the promised visa.

A Lima appeals court ruled that Peru's regulator has full oversight of the Chancay port, overturning a prior decision. The Chinese operator Cosco Shipping lost its legal challenge, with the court stating the port's privately built status.

Peru recorded $2.05 billion in mining investment for the first four months of 2026, a 43.5% increase from the same period in 2025. Infrastructure spending rose 86% to $564 million, the fastest-growing category, with Southern Peru Copper, Shougang, and Las Bambas as the top contributors.