APEC 2024: Peru expects over 15,000 visitors and aims to boost economic recovery

The APEC 2024 event, set to take place in various cities across Peru, offers a valuable chance to showcase the country's cuisine and crafts internationally.

Minister Úrsula Desilú León highlighted the direct benefits for small producers and Peruvian artisans from the influx of tourists. "When tourists arrive, they enjoy our Peruvian cuisine and buy local crafts, creating a unique opportunity for artisans to present their products to the world," she explained.

Key facts about APEC 2024 and its impact

• APEC (Asia-Pacific Economic Cooperation) is a major international forum that brings together 21 leading economies, including the United States, Japan, China, and Mexico. Together, they represent 62% of global GDP and 48% of world trade.
• Peru will host the forum for the third time, following previous editions in 2008 and 2016.
• Minister León forecasts that by the end of 2024, Peru will welcome 3.5 million international tourists, closing in on the pre-pandemic level of 4.4 million visitors.
• The upcoming opening of the new Jorge Chávez International Airport and the Chancay Megaport is expected to drive a significant increase in tourism by 2025.

Strengthening community and entrepreneurial tourism

The Peruvian government is strongly pushing to develop community-based tourism and support sector entrepreneurs, aiming to diversify the country's tourism offerings and create new economic opportunities in both rural and urban areas. Tourism accounts for 2.9% of the national GDP and supports around 1.3 million jobs, making it a vital driver of economic growth.

With APEC 2024, Peru has a unique chance not only to showcase its culture and local products to a global audience but also to position itself as an attractive destination for investment and economic growth opportunities.

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Source: PROMPERU