Land Risk | Permit Risk | Community Risk | Ore Supply Risk | Technical Risk | Country Risk
COUNTRY RISK
Foreign investment in Peru.
MITIGATION
- Ten year tax stability contracts can be signed with the Peruvian Government.
- Peru accounting practices are rapidly approaching the International Financial Reporting Standards (IFRS), with Peru being one of the first countries in the region to adopt the International Accounting Standards (IAS) as a basis for the national accounting framework.
- No discrimination against foreign owned entities in regards to land or resource ownership, investment, access to credit, repatriation of capital or export of products.
- In 2008, Peru surpassed both Chile and Mexico in the value of foreign direct investment in the mining sector.
