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Mining taxes should be oriented towards technology and scientific research in Peru – minister

January 06
10:10 2012

LIMA – The minister of Foreign Trade and Tourism, José Luis Silva, suggested that mining taxes should be prioritized and oriented towards technological and scientific research in Peruvian universities, so as to contribute to the development of Peru. The announcement came from the inauguration of the 19th International Summer Scientific Meeting ECI2012.

Peru's Minister of Foreign Trade and Tourism said that taxes from mining should be used to invest in scientific and technological research in the country's universities. Photo: Ssho/

Silva pointed out that the universities benefiting from the tax are to have autonomy in deciding where to invest the monetary resources. He regrets, however, that the principle concern of some university authorities is the educative infrastructure.

The countries that don’t invest in investigation and technology do not develop. Regrettably, there are some authorities in some universities in the country that do not consider it convenient to allocate resources to these activities,” noted the head of the sector.

Agriculture and cattle farming

Silva considered that university level scientific investigation should focus on subjects such as agricultural fields and  livestock breeding, including leverage and deepening the traditional knowledge of plants and animals that enable value-added export products.

The bonuses and taxes from mining projects can be invested in order to have better public universities in regions with [mining] taxes and funds for investigation, in which [presently] they invest little or nothing [in technology and investigation.]” Silva said.

Investing in investigations and technology could eventually be sold abroad, with the possibility of increasing exports of value-added products that currently sit at 22 percent.


During the inauguration of the International Scientific meeting, the vice-chancellor of the UNI, Aurelio Padilla, said that the institution develops technology to mitigate natural disasters such as earthquakes and tsunamis.

They also conduct studies on the creation of bio-comfort homes for citizens who live 4,000 meters above sea level.


The president of Essalud, Álvaro Vidal, announced that in the next few days he will sign an agreement with the Academia Peruana de Ciencias Nucleares. The agreement includes points such as professionals from social security are to receive technical assistance related to the maintenance of teams with technology such as magnetic resonators, homographs and helical scanners.

Vidal sustained that he will protect patients and health personnel from radiation.

About Author

Katie Bolin

Katie Bolin

Katie is a journalist who has a passion for writing, languages and traveling. She has a degree in Spanish and Portuguese from the University of Minnesota and has written articles as well as hosted a radio show for I Love Peru's sister site I Love Chile. She also loves dogs.

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