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New Peru PM says redrafting constitution is not a priority

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LIMA, Oct 8 (Reuters) – Peru’s new prime minister Mirtha Vasquez mentioned redrafting the nation’s pro-market constitution is not at present a priority for the federal government, regardless of it having been a key marketing campaign promise.

“This government is not proposing (to change the constitution) and won’t propose that overnight,” Vasquez mentioned throughout one in all her first interviews late on Friday with state-owned TV Peru. “Right now, what matters is facing the pandemic…and especially generating economic stability.”

Vasquez, a former head of Congress, is the second particular person to turn out to be prime minister beneath President Pedro Castillo, who has been within the job simply two months.

She is a leftist politician, however thought-about extra average than her predecessor, who resigned earlier this week. Vasquez additionally does not belong to the identical social gathering as Castillo, the Marxist-Leninist Free Peru Party.

Her remarks will additional calm traders who’ve been spooked by Castilllo’s marketing campaign promise to redraft Peru’s pro-market constitution.

They additionally present Castillo’s administration transferring away from the extra far-left concepts espoused by the Free Peru social gathering, which holds altering the constitution as maybe its most necessary proposal.

Peru’s foreign money and inventory trade rallied after Vasquez’s appointment as prime minister.

The head of the Free Peru social gathering Vladimir Cerron tweeted earlier on Friday that he was sad with the brand new cupboard as a result of in his view it “will be a space from which to defend the status quo”

Vasquez is a lawyer and has represented indigenous communities in battle with large mining firms, together with a landmark case towards Newmont Mining Corp’s (NEM.N) Yanacocha gold mine.

Still, she mentioned Castillo’s authorities would assist mining, a key supply of tax income for the nation, which is the world’s No. 2 copper producer.

“One of our most important bets is to take advantage of the resources and carry out an activity like mining,” she mentioned.

Reporting by Marcelo Rochabrun; Editing by Lincoln Feast.

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