Peruvian President Alan Garcia said Thursday that the best way for Peru to tackle the world financial crisis is to increase investment and boost employment.
He made the remarks during the inauguration ceremony of a factory in the Ate-Vitarte district in the capital.
"Our best answer to the international crisis which is shaking rich countries like the United States and Europe is to increase investment and production and boost employment, and we are achieving it," Garcia said.
The production from private investment must be boosted so that it will continue to generate employment opportunities for the majority, Garcia added.
According to the president, Peruvian exports grew from 17 billion U.S. dollars to 30 billion dollars over the past two and a half years.
The export of mining products and non-traditional industrial products contributed to the increase.
Source: Xinhua
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