IBOV 185,121.99 ▼ 0.65% IPSA 10,880.60 ▼ 0.81% IPC MEX 64,214.36 ▼ 1.38% MERVAL 2,781,799 ▼ 1.33% COLCAP 2,537.48 ▼ 0.46% BVL PERÚ 59,831.84 ▼ 0.49% USD/BRL5.22▲ 0.95% USD/MXN18.35▲ 1.57% USD/CLP984.10▲ 1.19% USD/COP3,315▼ 0.54% USD/PEN3.46▲ 0.73% USD/ARS1,525▼ 0.03% USD/UYU40.29▲ 3.66% USD/PYG5,804▲ 1.99% USD/BOB11.94▲ 2.03% USD/DOP59.52▲ 3.22% USD/CRC453.80▲ 2.74% USD/GTQ7.64▲ 3.23% USD/HNL26.87▲ 3.24% USD/NIO36.62▲ 2.66% USD/VES858.02▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▲ 1.81% EUR/BRL5.87▼ 0.48% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,121.99 ▼ 0.65% IPSA 10,880.60 ▼ 0.81% IPC MEX 64,214.36 ▼ 1.38% MERVAL 2,781,799 ▼ 1.33% COLCAP 2,537.48 ▼ 0.46% BVL PERÚ 59,831.84 ▼ 0.49% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Thursday, October 1, 2026

Andean Community Presidency Passes to Peru for 2026–2027 at a Handover in Quito

By · October 1, 2026 · 4 min read

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Banxico has missed its target for 75 months in a row”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

LATIN AMERICA · PERU

Key Facts

  • —The country Peru, one of four members of the Andean Community (CAN), a trade and integration bloc it shares with Bolivia, Colombia and Ecuador. The bloc’s General Secretariat sits in Lima.
  • —What happened On Wednesday 30 September 2026, Ecuador handed Peru the rotating one-year presidency for 2026–2027 at a ministers’ meeting in Quito, Andina and Prensa Latina reported.
  • —Who is involved Peru’s foreign minister Carlos Espá and trade minister Rogers Valencia, Ecuador’s foreign minister Roberto Kury, and CAN Secretary General Gonzalo Gutiérrez.
  • —What it means for you Ministers backed work on an Andean “single sky” for direct flights between member cities, and new rules for tourists driving private vehicles across borders. No timetable was given.
  • —Still open Whether a leaders’ summit follows. Trade inside the bloc stays small: US$9.84 billion in 2025, 5.3 percent of members’ exports (CAN Secretariat).

Peru has taken over the Andean Community presidency for 2026–2027, receiving it from Ecuador at a ministers’ meeting in Quito on Wednesday 30 September. The Andean Community (CAN) groups Peru, Bolivia, Colombia and Ecuador.

Free daily brief — no card needed
Get every Latin America story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Foreign minister Carlos Espá said Peru would put regional security, disaster risk and border integration first. The handover comes after a year in which two members fought a tariff war inside the bloc.

Calle García Moreno in the historic centre of Quito, Ecuador
Calle García Moreno in Quito’s historic centre, where much of Ecuador’s national government sits. Quito hosted the handover on 30 September. (Photo: David Berkowitz, CC BY 2.0 via Wikimedia Commons)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

A Rotating Chair Changes Hands in Quito

The Andean Community presidency, formally a pro tempore post, rotates among members each year and sets the working agenda. Ecuador held it from September 2025 to September 2026, according to Prensa Latina.

The transfer took place during a joint session of the bloc’s foreign ministers and its trade commission. Delegations from Bolivia and Colombia attended, as did Secretary General Gonzalo Gutiérrez, Prensa Latina reported.

Ecuador’s foreign minister Roberto Kury reported 13 operational measures and 96 concrete actions against organised crime during his country’s year. Targets included arms trafficking, illegal mining, people smuggling and money laundering.

Peru’s Plan: Security, Disasters and Borders

Espá named three priorities: security against transnational threats, disaster risk and environmental work, and Andean citizenship with border integration, state news agency Andina reported. Digital transformation, innovation and culture come next.

Peru also wants to convene the Andean Presidential Council, the bloc’s summit of heads of state. Trade and tourism minister Rogers Valencia called this “the moment to take decisions” for the region.

Flights, Ports and Tourist Drivers

The bloc’s trade commission approved new rules for tourists bringing private vehicles across borders, now also covering cars that tow small boats or motorbikes. It also adopted a community statistics programme for 2026–2030, Andina reported.

Ministers instructed officials to work towards a single Andean sky and a regional coastal shipping regime. Gutiérrez said the first aims at direct flights, such as Guayaquil to Cusco without changing planes in Lima.

He added that the plan needs common rules on passenger data and security standards. That makes it a long project rather than a quick change for travellers.

Rio Times chart: exports by each Andean Community member to the other members in 2025, in US$ billion
Exports to other Andean Community members in 2025: Colombia US$3.50bn, Peru US$2.99bn, Ecuador US$1.99bn, Bolivia US$1.37bn. Source: Andean Community General Secretariat, 2025 data.

A Bloc That Trades Mostly With Others

Members exported US$187.46 billion to the world in 2025, up 11.5 percent, according to the CAN General Secretariat. Peru alone sold US$90.47 billion, 48.3 percent of the total, as The Rio Times reported in September.

Exports between members were far smaller: US$9.84 billion, up 8.0 percent on 2024. That is about 5 percent of the bloc’s sales, which is the gap Peru’s connectivity plans try to narrow.

The bloc’s own rules were tested this year, when Ecuador and Colombia raised tariffs on each other. That dispute ended after 124 days in June.

What Is Not Yet Known

Andina wrote that Peru also prepared for President Keiko Fujimori and Ecuador’s Daniel Noboa to formalise the handover. No date for that step, or for a presidential summit, has been published.

Peru’s full 2026–2027 work plan has not been released. No target dates were given for the single sky or the shipping regime.

Sources: Andina, 30 September 2026; Andina, 1 October 2026; Prensa Latina, 30 September 2026; Andean Community General Secretariat, intra- and extra-community exports 2025.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.