Letter of intent on a regional policy and border integration dialogue between the Directorate-General for Regional and Urban Policy of the European Commission and the Ministry of Foreign Affairs of the Republic of Peru
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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.
Regional policy, which supports regional and sector specific investment in economic, social and environmental development, together with the work carried out jointly with neighbouring countries to support the development of shared borders, are important factors in helping less favoured regions to address such challenges.
The Directorate-General for Regional and Urban Policy of the European Commission and the Ministry of Foreign Affairs of the Republic of Peru hereby agree to establish a dialogue on regional policy and border integration. The dialogue will take 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.
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