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Peru

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Peru country brief - Bilateral Fact Sheet

Positive relationship which has expanded quickly in recent years.

Key engagement

Mining and energy sectors, education and people-to-people ties. The relationship between Australia and Peru has expanded quickly in recent years

Outlook

One of the fastest growing economies globally for two decades.  Key areas of interest include mining and energy, education, tourism and people-to-people links.

Bilateral relations

Australia and Peru formally established diplomatic relations in 1963. Australia has an Embassy in Lima.

Peru has an embassy in Canberra, a Consulate-General in New South Wales and Honorary-Consuls in Victoria, Queensland and Western Australia.

Foreign relations

Australia and Peru are members of the Cairns Group, IMF, IMO, World Bank, World Trade Organisation (WTO), and APEC (which Peru hosted in 2008 and 2016). Australia and Peru are members of the United Nations (UN) and many UN organisations.

Peru is a member of the Community of Latin American and Caribbean States (CELAC), Andean Community of States and the Organisation of American States (OAS) and Pacific Alliance.

Peru participates in the Forum for East Asia-Latin America Cooperation (FEALAC).

Peru has Free Trade Agreements (FTAs) with Australia, the United States, Canada, the European Union, China and many other countries, and is a member of the Andean Community Customs Union.

Foreign Policy White Paper

Fast facts

Peruvian visitors to Australia (2020 Dept of Home Affairs) #
1,200
Australian visitors to Peru (primary destination (2020 Dept of Home Affairs) # *
5,100
Resident Australian population born in Peru (2016 Census)
9,553
Australian residents of Peruvian descent (2016 Census)
11,140
Peruvian Working Holiday Makers visas granted (2020 Dept of Home Affairs)
406
Peruvian students in Australia (2020 Dept of Education)
1,270

# This data is owned by Home Affairs. It provides quarterly updates to this data on its website.
* Peru reports the number of Australian visitors as 41,347 in 2019.

High level engagement

2018 September –Australian parliamentary delegation visited Peru.

2018 February – Peru's Minister for Foreign Trade and Tourism, Mr Eduardo Ferreyros, signed the Peru-Australia FTA (PAFTA) in Canberra.

2017 May – Peru's Minister for Foreign Trade and Tourism, Mr Eduardo Ferreyros visited Australia.

2016 November – Prime Minister Malcolm Turnbull and Minister for Trade, Tourism and Investment Steven Ciobo attended APEC in Lima.

Agreements with Peru

Public diplomacy

Alumni of Australian institutions are active in Peru through the Australian Embassy's Australia Global Alumni network and the Peruvian Alumni of Australia Association.

Through the Direct Aid Program, the Australian Government provides financial support to a range of projects in Peru. In 2020-21, the Direct Aid Program supported projects that aimed to alleviate the consequences of the COVID-19 pandemic through inclusive education, improvement of welfare and access to opportunities, with a focus on vulnerable populations including women, children, people with a disability and indigenous communities.

The Council on Australia-Latin America Relations (COALAR) provides grants to enhance Australia's economic, political and social relations with Latin America.  In 2020-21 COALAR provided grants for education and training, the arts, innovation and economic recovery for women.

In 2021, the Australian Embassy in Lima is celebrating Peru's bicentenary of independence with an online platform  highlighting key aspects of our relationship

Economic diplomacy

Peru's fast-growing economy is one of Latin America's top performers.

The Peru-Australia FTA (PAFTA) entered into force on 11 February 2020. It ensures Australia is well placed to share in Peru's economic growth, providing opportunities for Australian business.

Peru, with Australia, is a signatory to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Australia and Peru will share in the benefits this ambitious regional agreement will provide.

Australia is negotiating an FTA with the Pacific Alliance comprising Chile, Colombia, Mexico and Peru.

Further economic and trade information can be found in our Economic Factsheet for Peru and the Pacific Alliance Free Trade Agreement portal. The Australian Government supports Australian investors in Peru by providing support and advice on political, economic and regulatory environments.

Further economic and trade information can be found in our Economic Factsheet for Peru.

Business

Peru's open investment regime and abundance of natural resources make it an attractive investment destination, particularly in the extractive sectors. The expanding tourism sector has also seen Australian investments.

Australia's commercial presence in Peru has increased significantly, with nearly 90 Australian companies now represented in Peru and over $5 billion invested.

Further information on Peru's market profile and doing business in Peru can be found on the Austrade website.

Austrade's Lima Office provides services to Australian companies looking to expand their business in Peru and promotes the Australian education sector.

Austrade aims to attract foreign direct investment into Australia. It also identifies market opportunities and promotes the capabilities of Australian exporters and education providers.

Austrade

Austrade offices

Travel

See Smartraveller for Information on travelling to Peru.

Australian Embassy in Peru

Av. La Paz 1049, Piso 1
Miraflores, Lima 18, Perú
Tel: +51 1 630 0500

General: consular.lima@dfat.gov.au
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