Peru, Japan strengthen ties with defense and mining agreements

Korea Aerospace Industries

17/11/2024 21:54

LIMA, Nov 17 (Reuters) - Peru's president signed defense
and mining cooperation deals with her Japanese counterpart on
Sunday, following an official visit between the two leaders just
after the Asia-Pacific Economic Cooperation summit hosted by
Lima. 
   The agreements were signed by Peru's President Dina Boluarte
and Japanese Prime Minister Shigeru Ishiba, who in remarks
touted what he described as a 10-year cooperation roadmap.
    Part of the deal involves assistance to boost mining supply
chains. Peru is one of the world's top copper producers, while
Japan is a major consumer of the key industrial metal.
    In the aftermath of the APEC summit, Peru also inked a
defense cooperation deal with South Korea, including a submarine
agreement with Hyundai Heavy Industries  329180.KS  and another
deal with Korea Aerospace Industries  047810.KS  to manufacture
parts for fighter aircraft, according to Boluarte's foreign
minister.
    Last week, Peru formally inaugurated the Chinese-built
Pacific coast megaport of Chancay, promising faster and more
efficient trade between Latin America and Asia, with China's
President Xi Jinping in attendance.

 (Reporting by Marco Aquino; Editing by Lisa Shumaker)
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