In the framework of processes aimed at reducing internal economic and social disparities, as well as promoting cross-border cooperation, the Republic of Peru and the European Union face similar challenges in reaching a more balanced territorial development.
In May 2013, DG REGIO and the Ministry of External Relations of the Republic of Peru exchanged letters of intent establishing a dialogue on regional policy and border integration. The dialogue takes place in the context of the Memorandum of Understanding of 2009 establishing a mechanism for bilateral consultations between the European Commission and the Republic of Peru.
The dialogue addresses exchange of information and good practices, inter alia, on policies aimed at promoting economic, social and territorial cohesion as well as innovation and technological development; on cross-border, transnational and interregional cooperation; on setting up and implementing regional policies and development and border integration policies, including capacity building, in particular at regional and local level; on multi-level governance and decentralization issues; on sustainable economic development and corporate social responsibility at territorial level.
Peru is an important partner for the EU in the actions carried out to further this cooperation, namely: