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United States-Peru Free Trade Agreement

Peru president lends loud voice in defending free trade
Posted by Colin Post on Nov 21, 2016 1 comment

Peru president lends loud voice in defending free trade

The Asia-Pacific Economic Cooperation (APEC) concluded its annual summit in Lima last week by declaring its commitment to free trade amid a wave of populism. Peru President Pedro Pablo Kuczynski  Full Article »

Hedge fund sues Peru for $1.6 billion over agrarian bonds
Posted by Colin Post on Jun 2, 2016 1 comment

Hedge fund sues Peru for $1.6 billion over agrarian bonds

Gramercy Funds Management has filed a $1.6 billion claim against Peru for its refusal to redeem land bonds from the 1970s agrarian reform. The Connecticut-based hedge fund has requested arbitration  Full Article »

Hedge fund to sue Peru for $1.3 billion over agrarian bonds
Posted by Colin Post on Feb 3, 2016 1 comment

Hedge fund to sue Peru for $1.3 billion over agrarian bonds

American hedge fund Gramercy Funds Management will sue Peru for $1.3 billion for the government’s failure to pay bonds dated from the 1970s agrarian reform. In a 15-page letter accompanied  Full Article »

Hedge fund pressures Peru to pay defaulted agrarian bonds
Posted by Colin Post on Oct 13, 2015 Leave a comment

Hedge fund pressures Peru to pay defaulted agrarian bonds

The U.S.-based hedge fund, Gramercy Funds Management, is threatening to sue Peru for payment with interest of 40-year-old bonds from the agrarian reform. The military dictatorship of President Juan Velasco  Full Article »