Canada - Peru Relations
Canada and Peru have warm and growing bilateral relations marked by a commitment to responsible resource management, trade and investment, and cooperation in the areas of development, education, defence and security. Peru is an ally in Canada’s engagement in the Americas and regional fora, such as the Organization of American States and Summit of the Americas, and economic integration initiatives, such as the Pacific Alliance, APEC, and the Trans-Pacific Partnership.
Peru is Canada’s second-largest bilateral trading partner in South and Central America, and the third-largest destination for Canadian direct investment in South and Central America. The Canada-Peru Free Trade, Labour Cooperation and Environment Agreements entered into force in 2009. The trade relationship has grown substantially since then. In 2015, Canadian merchandise exports to Peru reached $858.3 million and Canadian merchandise imports from Peru reached $3.3 billion. Canadian foreign direct investment in Peru totalled $9.9 billion in 2015.
Development programming is an important component of the bilateral relationship. Global Affairs Canada has managed a bilateral development program in Peru since 1968. With an annual reference budget of $25 million, the bilateral development program aims to reduce poverty and inequality in a more democratic and inclusive Peru. Canada supports poverty reduction and social inclusion by improving the benefits for excluded and poor populations regarding the sustainable use of natural resources, the prevention and resolution of extractive-related conflicts and by promoting economic diversification in selected regions. Canada’s assistance contributes to developing primary level intercultural and bilingual education for indigenous children, to increase the quality in the management of the education sector at the national level and to enhance the offer in technical education for employment. The Program furthermore aims to improve governance with a focus on supporting the protection and promotion of human rights of the most vulnerable populations.
In addition, Canada aims to create opportunities for the leaders of tomorrow and build people-to-people linkages between our two countries. To that end, Canada actively promotes educational and scholarship opportunities to Peruvian students. In 2013, Canada became an eligible destination for Peruvian recipients of the Presidente de la Republica post-graduate scholarships program. Peruvian citizens are eligible for the Emerging Leaders in the Americas Program (ELAP) for study or research exchange opportunities in Canada. Peruvian students are encouraged to apply for Canadian awards open to all international students including the prestigious Vanier Canada Graduate Scholarships and the Banting Postdoctoral Fellowships. For more information on Canadian education promotion activities in Peru, please refer to the “Studying in Canada” page on this web site.
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