Peru has made considerable improvements but, equally important, Members expressed appreciation to Peru for its sincere recognition of where improvements are still lacking. It demonstrates Peru’s clear vision and a strong motivation to reach its goals. More generally, this Review has confirmed the benefits of maintaining an open economy, in particular when, like in Peru, trade is made an integral part of a country’s development strategy. Members commended Peru for its economic resilience during the recent global economic crisis, while recommending that it undertake further structural reforms, enhance investments in infrastructure and human capital, and maintain an open trade and investment regime to improve its competitiveness and productivity, secure sustainable growth and achieve further progress in the social sphere.