LOS ANGELES — The Los Angeles Area Chamber of Commerce announced today that it has expanded trade opportunities for local businesses by signing a Memorandum of Understanding (MOU) with the Peruvian American Chamber of Commerce (AmCham Peru) to promote trade and investment between the two regions.
As part of the agreement, the L.A. Area Chamber and AmCham Peru will encourage, promote and organize trade missions, matchmaking, and networking opportunities for businesses based in Los Angeles and Peru.
“This MOU serves to promote trade between the L.A. region and Peru,” said L.A. Area Chamber Senior Vice President of Global Initiatives, Carlos Valderrama. “In order to lead the way toward recovery, Los Angeles must embrace all international trade opportunities such as this one, which is important to our economy.”
Government officials from California and Peru were on hand to witness the signing of the MOU, which took place during the “Business Future of the Americas” conference and the Association of American Chambers of Commerce in Latin America's mid-year meeting with top government officials and executive leaders from Latin America.
This partnership with Peru serves as another important addition to the Chamber's strategic alliances with the Nagoya Chamber of Commerce, AmCham Chile, the High Council of Chambers of Commerce of Spain, Consejo Empresarial Mexicano (COMCE) and the Korean International Trade Association (KITA).
The L.A. Area Chamber recognizes that the future of our economy is tied to international trade. The Chamber's Global Initiatives Committee fosters the development and access to foreign markets for local companies and provides global matchmaking services to foreign entities seeking U.S. joint venture partners, distributors and retailers.
The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com.