Political Risk Latin America Blog @PolRiskLatam

Humala calls US a ‘strategic partner’ and plans to discuss taxes with corporations

Posted in News and Articles, Political Risk by politicalrisklatam on June 8, 2011

by Merco Press News, June 8th, 2011.

Peru’s nationalist president-elect Ollanta Humala said on Tuesday he will chart his own course, described the US as a ‘strategic partner’ and promised to discuss with mining companies his plans to tax windfall earnings to pay for social programs.

Speaking with foreign correspondents Humala said the United States is a “strategic partner” and anticipated he will work with Washington to control the drug trade in the world’s top grower of coca, used to make cocaine.

At the same time, he said he would strengthen relations with countries in South America, he reiterated his interest in Mercosur and admitted Brazil is positioning itself as the region’s leader.

The former army officer added that the people he picks to lead the Finance ministry and other key cabinet posts in the fast-growing economy will be experienced.(continue reading… )

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