AGP Executive Report

El Niño Warning for Peru’s Food Security: A UN FAO official says Latin America faces an intense El Niño from October to December, a “double blow” that could hit Peru’s northern coast with flooding and its highlands with water scarcity, while fertilizer and seed supply shocks worsen. Mining Update from Peru: Glencore reports H1 copper output up 15% to 397,000 tonnes, with Antamina in Peru surging 50%—a key boost for regional supply. New Peru Leadership: Keiko Fujimori was sworn in as Peru’s president, calling for reconciliation and a tougher stance on insecurity. Volcano Alert (Sabancaya): Peru’s Sabancaya volcano is emitting sporadic ash plumes up to about 25,000 ft, prompting an aviation advisory. Diplomacy Spotlight: Qatar’s foreign affairs minister represented the state at Fujimori’s inauguration ceremony.

Security Shake-Up: Peru’s new conservative President Keiko Fujimori was sworn in in Lima, vowing a hardline crime crackdown and saying the military will temporarily lead security operations in emergency zones. Diplomatic Outreach: The inauguration drew regional leaders and foreign delegations, including an Azerbaijani envoy representing Baku at the ceremony. Press Freedom Watch: Reporters’ rights group RSF urged Fujimori to address alarming press-freedom concerns as she takes office. Independence Day Spotlight: Peru’s 205th Independence Day celebrations also featured international diplomacy, with Peru’s embassy in Kuwait highlighting expanded trade and investment opportunities. Tourism & Nature: Peru’s Manú National Park and Tambopata Reserve ranked among the world’s top birdwatching destinations, boosting the country’s eco-tourism profile. Crime & Justice Debate: Separate coverage claims the FBI mishandled the Natalee Holloway case, tying the story to Peru via a suspect’s later murder conviction.

Keiko Fujimori’s Inauguration: Peru’s new president was sworn in and delivered a tightly structured address, but critics say key issues like human rights and gender violence were notably absent while security plans leaned on a familiar military-led emergency model. Security Crackdown: Fujimori’s government is pushing armed forces into crime operations during states of emergency as protests flare in Lima. El Niño Watch: S&P says El Niño is unlikely to trigger Peru rating changes unless disruption is severe and governments respond with costly support. Copper Spotlight: Glencore reported 15% higher first-half copper output, with gains tied to improved grades at Antamina in Peru, while marketing earnings are set to top guidance. Mining Responsible Sourcing: Anglo American’s Peru and Chile operations received Copper Mark awards, underscoring growing scrutiny over labor practices in copper supply chains. Diplomacy & Ties: China’s Xi envoy attended Peru’s handover ceremony, highlighting trade and Chancay Port cooperation. Education Policy: Peru’s school board updated rules for the new year, including AI and data privacy governance. Health & Access: A once-monthly PrEP pill could be made for about $3 a year, but Latin America is left out of generic licensing.

Presidential Inauguration & Security Crackdown: Keiko Fujimori was sworn in as Peru’s president amid protests in Lima, vowing an “iron-fisted” fight against organized crime, drug trafficking, and illegal mining, including military-led security operations in emergency zones alongside the National Police. Minimum Wage Boost: She also announced a 15% increase in the national minimum wage to 1,300 soles. Infrastructure Push: In her first message after taking office, Fujimori unveiled a major modernization plan, including new commuter train links between Lima–Ica and Lima–Barranca, plus road and public works. International Diplomacy: Peru’s new president met Argentina’s Javier Milei in Lima to strengthen cooperation on security and the economy. Crime & Justice Abroad: A Peruvian fugitive was reported arrested over child rape allegations, with extradition steps underway. Volcanic Alert: Sabancaya’s ash plume was reported moving east at about 10 knots, with aviation advisories issued.

Presidential Handover: Keiko Fujimori is set to be sworn in as Peru’s president today, promising a hardline push against crime and a response to El Niño, as regional leaders gather in Lima for the independence-day transition. Regional Politics: Reuters frames Fujimori’s win as part of a broader rightward shift across Latin America driven by frustration with security failures and weak growth. Diplomacy & Allies: South Korea’s delegation met Fujimori to expand cooperation in defense, security, and infrastructure, while China and other partners sent congratulations tied to deeper bilateral engagement. Payments & Trade Tech: ACI Worldwide and dLocal announced a partnership to bring popular local payment methods to global merchants in Brazil and Mexico, with Peru planned next. Mining & Industry: Anglo American’s Quellaveco in Peru and Chile operations received The Copper Mark for responsible copper production, while Xali Gold reported new high-grade gold results at Pico Machay. Infrastructure & Local Life: Peru’s council approved a contract to widen and resurface Shooting Park Road for safety ahead of the school year.

Peru’s Inauguration Watch: King Felipe VI met with President-elect Keiko Fujimori in Lima ahead of her swearing-in Tuesday, holding first bilateral talks after receptions at the Spanish ambassador residence and meetings with Peru’s current leadership. New Cabinet Moves: Fujimori also named key ministers and confirmed Vice President Luis Galarreta as Prime Minister, signaling a fast start for her government. Diplomacy: Peru’s transition is also tied to regional outreach, with coverage noting Xi’s envoy and U.S. officials scheduled around the inauguration. Sports in Lima: Indiana (Team USA) dominated the FISU America Games, beating the U.S. Virgin Islands 99-57 to win gold and finish 4-0, with Aiden Sherrell taking tournament MVP honors. AI & Indigenous Language: UNESCO Peru is set to host dialogues on artificial intelligence and Indigenous language revitalization during the Lima International Book Fair. Local Human Interest: A Peruvian cultural festival in Portland highlighted marinera dance, food, and Independence Day celebrations.

Peru’s Economy: The Central Reserve Bank says Peru’s traditional exports hit US$7.709B in May 2026, up 52.2% year-on-year, led by higher prices for metals like copper, gold and lead, while fishery exports fell on lower anchoveta biomass. Congress & Politics: Peru’s bicameral Congress is reshaping leadership for 2026–2027, with Oscar Reto elected Chamber chairman and Miguel Torres elected Senate chairman, as the new legislature returns. Inauguration Diplomacy: Panama’s President José Raúl Mulino is traveling to Lima for Keiko Fujimori’s July 28 inauguration, and the U.S. has named a delegation led by Deputy Secretary of State Christopher Landau. Geopolitics & Trade: Peru is also in the spotlight as a key partner in regional ties, including renewed consular steps with Venezuela and ongoing trade momentum across the region. Disaster Watch: Peru reported an earthquake emergency in two districts after a 5.1 quake. Culture & Sports: Peru’s presence continues in regional events, including FISU America Games in Lima and Peru-linked sports coverage.

Congress Leadership Shake-Up: Peru’s bicameral Congress is back, and Keiko Fujimori’s Popular Force won the Senate presidency: Miguel Torres was elected Senate chair with 30 votes, setting the tone for the 2026-2031 term ahead of Fujimori’s July 28 inauguration. Lower House Board: Deputy Oscar Reto Otero was elected Chamber of Deputies chair for 2026–2027, with a board that includes Anali Marquez Huanca, Harvey Colchado and Jose Yataco. US Inauguration Diplomacy: A US presidential delegation led by Deputy Secretary of State Christopher Landau will attend Fujimori’s inauguration in Lima, with other senior officials from State and Commerce. Road Safety Tragedy: A crash in southern Peru’s Tacna region killed at least five people and injured 16 after a bus collided with another vehicle and a light cargo truck. Community Health in Peru: North American nursing students volunteered near Lima with MEDLIFE, helping provide care to nearly 2,000 people through pop-up clinics. Culture Abroad: A Peruvian cultural festival in Beaverton, Oregon brought marinera dance, music, and classic dishes like lomo saltado and alfajores to local families. Sports in Lima: Peru hosted the FISU America Games, where UniUSA swept swimming events and Rutgers guard Zennia Thomas led scoring in women’s basketball early on.

Diplomacy & Politics: Peru’s diplomatic ties with Venezuela are moving back toward normal, with a gradual process to reactivate consular relations after a two-year rupture. Justice: Peru’s court rejected a pardon request for former President Pedro Castillo, keeping the legal fight in motion. Security & Human Rights: Prosecutors opened investigations after reports that Peruvians were lured by deceptive networks recruiting fighters for Russia’s war in Ukraine, often under false promises and with documents seized. Disaster Response: A serious crash in southern Peru’s Tacna region killed at least five people (including a 12-year-old) and injured 15 after two buses collided with a cargo truck in dense fog. Sports (Peru-linked): Peru’s Entity7 knocked Team Liquid Philippines out of the Esports World Cup Mid-Season Cup, a major upset for the defending champions. Regional Military: RIMPAC’s land-assault training included Peru participation, focusing on amphibious operations and cordon-and-search techniques.

Road Safety: Two buses collided on the southern Pan-American Highway in Tacna, Peru, killing at least five and injuring 16, as police investigate the cause. Pope & Youth: Pope Leo XIV urged young people in Peru’s Chota and Cutervo prelature to embrace a “holy rebellion,” turning suffering into hope through joyful service. Politics & Justice: Peru’s court rejected a pardon request for former President Pedro Castillo, keeping the legal pressure on his case. Diplomacy: Peru and Venezuela moved to gradually restore diplomatic and consular ties after a two-year rupture. National Spotlight: Peru’s Congress confirmed the 130 deputies elected for the 2026–2031 term, setting the stage for the new legislature. Sports (Peru-linked): Indiana advanced to the FISU America Games finals in Lima, Peru, after a dominant win over Chile, highlighting the tournament’s Peru host role.

Constitutional Court Ruling: Peru’s Constitutional Court struck down provisions that criminalized logistical and financial support for peaceful protests, voiding related cases while keeping penalties for violent acts. Diplomatic Reset: Peru and Venezuela announced a gradual return of ties after a two-year rupture, starting with reactivating consular relations to protect citizens; the move comes ahead of Peru’s July 28 presidential transition. Congress Watch: Peru’s Congress published the roster of the 130 deputies elected for the 2026–2031 term, detailing party seats and regional distribution. Indigenous Border Protection: Brazil and Peru signed an agreement to coordinate protection of Indigenous territories, including isolated peoples along their border. Sports in Lima: The FISU America Games opened in Lima, with UniUSA sweeping most swimming events on day one. China–Peru Ties: China’s science envoy Yin Hejun is set to attend Peru’s presidential handover ceremony in Lima.

Diplomacy Reset: Peru will begin a gradual process to restore ties with Venezuela, starting with renewed consular relations to protect nationals, after tensions since July 2024. Indigenous Protection: Brazil and Peru signed a framework to coordinate protection of Indigenous territories along their border, including isolated peoples, amid rising invasions and illegal activity. Trade & Tariffs: The U.S. rolled out forced-labor-related tariffs that include Peru at 12.5%, while Peru’s own trade and customs modernization efforts continue under SUNAT’s data-driven reforms. Health & Schools: A new report warns heavy metals like lead, mercury, and arsenic in Peruvian school areas near former mining sites could be harming thousands of students. Public Safety: Peru is also dealing with major incidents, including a deadly Lima house fire that killed 10 people, including five children.

Tariff Shock for Peru Exports: The US has launched new Section 301 tariffs tied to forced-labour claims, hitting 60 economies including Peru with a 12.5% rate for many covered goods, while some products like oranges, fruit juices and nuts are exempt—raising fresh pressure on trade and supply chains. Border Security Crisis: Indigenous leaders at the Brazil-Peru border say their communities are being “taken hostage” by organized crime, with armed intrusions and drug trafficking threatening the Amazon. Peru Diplomacy Ahead of Handover: China’s Xi envoy will attend Peru’s presidential handover ceremony in Lima, signaling continued high-level engagement. Public Health Alert: Travelers are warned about chikungunya risks, with Peru listed among countries facing elevated exposure. Lima Tragedy: Police report a house fire in Lima that killed 10 people, including five children, with arson being investigated. Sports in Lima: Team USA’s Indiana beat the U.S. Virgin Islands 120-63 at the FISU America Games, with Peru hosting the event.

Junín Earthquake Response: Peru declared a state of emergency in two Junín districts (Ahuac in Chupaca and Huayucachi in Huancayo) after a 5.1 quake killed at least 6 and injured 32, authorizing fast aid delivery and rehabilitation for 60 days. Indigenous Security in the Amazon: Ashaninka leaders say armed drug-trafficking groups are increasingly encroaching on the Brazil-Peru border territory, prompting requests for stronger protection as security forces deploy but threats persist. Wildlife Crime Crackdown Call: A new study finds sawfish teeth are still being used as cockfighting spurs across Latin America despite bans, with Peru among the biggest consumer sources—researchers urge stricter enforcement and action under CITES. Lima 2027 Sports Update: Panam Sports named host candidates for the 2029 Pan American Junior Games: Guatemala City, Panama City, and Rosario. Pan-American Games Spotlight: Team USA men’s basketball opened FISU America Games in Lima with a 115-36 win over Peru. Business Note: Credicorp entered its Q2 2026 earnings “quiet period” starting July 30, ending with the release on Aug. 13.

Lima Tragedy: A house fire in La Victoria, Lima, killed 10 people from one family, including five children (ages 3 to 15). Police say 17 were inside and only seven escaped, with victims “burned beyond recognition,” and investigators are probing whether the blaze was deliberately set, amid claims of extortion tied to the family’s mattress business and electric motorcycles. Public Health: PAHO/WHO reports nearly 470 million people in the Americas live with at least one neurological disorder, with Peru among countries showing lower measured burden but persistent gaps in long-term care access. Disaster Response: Peru’s Council of Ministers approved measures to address the Junín earthquake emergency and extended states of emergency across multiple regions, including Ayacucho, Huancavelica, Junín, Cusco, La Libertad, Loreto and Tumbes. Mining & Trade: Rio2 filed an NI 43-101 technical report for its Condestable mine in Peru and published its 2025 ESG report; Camposol kicked off the 2026/27 blueberry season for China under its new brand name “Kǎi Pèi Guǒ.”

Illegal Mining Showdown: Peru faces an unprecedented case at the Andean Court of Justice over alleged failures to curb illegal mining, with the court set to examine whether Peru met regional obligations after repeated extensions of the REINFO formalization program. Lima Fire Tragedy: A fire in Lima’s La Victoria district killed 10 people from the same family, including five children; police say investigators are still determining the cause, while relatives allege extortion threats and possible retaliation. Earthquake Aftermath: Peru’s Catholic bishops are coordinating aid and support after twin quakes in Junín (Chupaca province) left at least five dead and dozens injured, with damage reported to homes and historic churches. Health Advisory: The US CDC issued travel warnings tied to chikungunya outbreaks, listing Peru among places with elevated exposure risk for travelers. Digital Push: Peru’s telecom growth is accelerating with more internet connections and rising AI adoption, though links to the crypto world remain unclear.