Peru Highway 1 Peru Highway 1 Peru Highway 1, most widely known as Carretera Panamericana, is the most important highway in Peru. This road is the Peruvian portion of the Pan-American Highway. It runs north-south through the whole length of the country and connects all major cities in the country's coastal area. The northern terminus of the highway is located in Aguas Verdes (Tumbes Region) at the border with Ecuador. Starting in this point, the highway is known as "Carretera Panamericana Norte" ("North Pan-American Highway") until it reaches a point located in central Lima, the country's capital. Going south from this point, the
Mineral industry of Peru No. 868 of May 1996 (Texto Unico Official) provide guaranteed protections to mining ventures and contracts under the Peruvian Civil Code. Consequently, such ventures and contracts are immune from unilateral changes by any governmental authority in Peru without an appropriate legal or administrative remedy or arbitration by the Convenio Constitutivo del Centro Internacional de Arreglo de Differencias Relativas an Inversiones (Formal Consent of the International Center for Settlement of Relative Differences on Investments). Additionally, Peru enacted the Supreme Decree No. 047-2002-EF of April 2002 (import duties for capital goods) to reduce the duties paid to 7% from 20% and 12%