Cynthia Sanborn, professor of political science and director of the Center for China and Asia-Pacific Studies at Universidad del Pacífico in Peru: “This year, Peru and Indonesia celebrate 50 years of diplomatic relations, as well as the signing of a comprehensive economic partnership agreement, or CEPA. Similar to a free trade agreement (FTA), Indonesia prefers CEPAs because they include noncommercial agreements, in this case regarding environmental issues, tourism and services, agriculture and fisheries, among other topics of common interest. Currently, bilateral trade between the two countries is not significant, representing less than 0.5 percent of Peru´s total trade and 0.2 percent of Indonesia’s. Peru primarily exports agricultural products to Indonesia, such as cacao and grapes, and it imports manufactured goods, mainly vehicles and footwear. However, this agreement is part of a longer-term strategic effort by Peru to pivot to Asia—including the large and dynamic economies of Southeast Asia (SEA)—in its efforts to diversify markets and attract new investment. The challenge now is to have follow-up strategies to help Peruvian firms take advantage of…”
Complete editions of the Latin America Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.







Diego Arria
Director,
Columbus Group
Merike Blofield
Professor of Political Science,
University of Hamburg
Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies
Joyce Chang
Global Head of Research,
J.P. Morgan
Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)
Peter Hakim
President Emeritus,
Inter-American Dialogue
Donna Hrinak
Director,
Adtalem Global Education
Jon E. Huenemann
Council Member,
GLG Inc.
James R. Jones
Chairman,
Monarch Global Strategies
Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil
Barbara Kotschwar
Professor of Political Economy,
Georgetown University
John Maisto
Director,
US Education Finance Group
Nicolas Mariscal
Chairman,
Grupo Marhnos
Thomas F. McLarty III
Chairman,
McLarty Associates
Beatrice Rangel
Director,
AMLA Consulting
Ernesto Revilla
Head of Latin American Economics, Citi
Gustavo Roosen
President,
IESA
Andrés Rozental
President, Rozental &
Asociados
Shelly Shetty
Managing Director,
Sovereigns, Fitch
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.