Business in Peru

When prioritizing rules and relationships in Peruvian business culture, usually relationships are of greater importance. A good trustworthy relationship in Peru is highly valued, so if rules need to be broken to keep a strong relationship, Peruvians will break those rules. 

 

In addition, with the unreliable judicial system, Peruvian business men and women realize that they need to be flexible in their negotiations. Moreover they are more lienient when it comes to rules in order to keep any issues from moving into the legal system. 

 

This is true for most situations, however, if someone has broken the trust in the relationship, Peruvians will take this very seriously and stick to the rules and proceed to arbitration.