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| CONFIEP | |
|---|---|
| Name | CONFIEP |
| Native name | Confederación Nacional de Instituciones Empresariales Privadas |
| Founded | 1984 |
| Headquarters | Lima, Peru |
| Region | Peru |
| Type | Trade association |
CONFIEP is a Peruvian employers' federation representing private business associations and large corporate groups across industry, finance, mining, agribusiness and services. It functions as a national chamber of commerce umbrella, interacting with public institutions, trade unions, chambers of commerce and regional business federations. CONFIEP participates in policy debates involving taxation, trade, labor regulation and investment, and engages with multinational firms, bilateral partners and multilateral organizations.
CONFIEP traces origins to earlier 20th-century Peruvian business groupings and the post-1970s reorganization of private sector institutions in Peru. Its institutional formation in the 1980s followed precedents set by the Sociedad Nacional de Minería, Petróleo y Energía and the Federación de Comercio Exterior del Perú as the Peruvian economy opened to structural reforms associated with international financial dialogues. During the 1990s CONFIEP interacted with administrations influenced by Alberto Fujimori, engaged with privatization programs similar to initiatives in Chile and Argentina, and coordinated with multinational firms such as Cerro Verde, Southern Copper Corporation, Anglo American plc, and Freeport-McMoRan. In the 2000s and 2010s CONFIEP took part in policy platforms alongside institutions like the Peruvian Congress, the Central Reserve Bank of Peru, the World Bank, the International Monetary Fund, and trade missions to partners such as the United States, China, European Union, and Japan.
CONFIEP is organized as a federation of sectoral chambers and regional associations, with governance typically consisting of a board of directors, an executive president, and technical committees. Leadership roles have been held by prominent business figures linked to firms including Grupo Romero, Grupo Breca, Intercorp, Graña y Montero, Backus and banking institutions such as Banco de Crédito del Perú and Scotiabank Perú. Committees address sectors aligned with ministries and regulatory agencies such as the Ministry of Economy and Finance (Peru), the Ministry of Energy and Mines (Peru), and the Superintendencia del Mercado de Valores. CONFIEP maintains subsidiary advisory units for international trade, legal affairs, and corporate social responsibility that collaborate with organizations like Perumin, Cámara de Comercio de Lima, Asociación de Exportadores (ADEX), and regional chambers in Arequipa, Cusco and Piura.
CONFIEP's membership comprises sectoral associations, business conglomerates, national corporations and multinational subsidiaries operating in Peru. Representative groups include mining firms such as Compañía de Minas Buenaventura, construction and engineering firms like Graña y Montero (now Aenzzo), agribusiness groups such as Camposol and Alicorp, retail and services groups like Wong and Saga Falabella, and financial institutions like BBVA Perú and Interbank. It also includes professional associations and industry-specific chambers representing petroleum, fisheries, textiles, tourism, and technology sectors that work with entities like PROMPERÚ, Sunat, and regional development agencies. Individual corporate executives, prominent entrepreneurs and board members from family businesses and listed companies often take leadership positions within CONFIEP committees.
CONFIEP organizes policy advocacy, economic research, public-private dialogues, trade missions, and corporate social responsibility programs. It produces position papers on taxation, labor regulation, environmental permits and investment frameworks, and submits proposals to the Peruvian Congress and executive branches. CONFIEP convenes forums with international partners including the Organisation for Economic Co-operation and Development, the Inter-American Development Bank, the United Nations Global Compact, and bilateral chambers such as the American Chamber of Commerce in Peru and the Peru-Canada Chamber of Commerce. Activities include hosting congresses, sectoral roundtables, investor conferences, arbitration support for commercial disputes, and initiatives promoting vocational training in collaboration with institutions like the National University of San Marcos and private technical institutes.
CONFIEP exerts influence on regulatory and fiscal policy through lobbying, coalition-building with political parties, and participation in advisory councils. Historically it has engaged with administrations from conservative and centrist coalitions, and coordinated with regional business associations during negotiations on trade agreements such as accords resembling the Trans-Pacific Partnership framework and bilateral agreements with China and the United States–Peru Trade Promotion Agreement. CONFIEP's endorsements and statements often shape public debate on investment confidence, sovereign risk perceptions, and macroeconomic stability alongside actors like the Confederación General de Trabajadores del Perú and regional governors. Its policy positions have been cited in discussions involving sovereign credit ratings monitored by agencies such as Fitch Ratings, Moody's Investors Service, and Standard & Poor's.
CONFIEP has faced criticism over perceived close ties between corporate leaders and political actors, its stance on labor legislation, environmental approvals for extractive projects, and responses to social conflicts in mining regions. Critics include non-governmental organizations like Colectivo de Abogados del Perú, indigenous organizations in the Amazon rainforest and social movements allied with parties such as Frente Amplio (Peru), which have accused business federations of prioritizing investor rights over community consultation laws like those influenced by ILO Convention 169 debates. High-profile disputes involving firms linked to CONFIEP have provoked media scrutiny from outlets including El Comercio (Peru) and La República (Peru), and prompted parliamentary inquiries and judicial proceedings involving regulatory agencies such as the Defensoría del Pueblo.
Peru Sociedad Nacional de Minería, Petróleo y Energía Cámara de Comercio de Lima Peruvian Congress Ministry of Economy and Finance (Peru) Promperú Trans-Pacific Partnership Alberto Fujimori Grupo Romero Grupo Breca Intercorp Graña y Montero Alicorp Compañía de Minas Buenaventura Banco de Crédito del Perú Scotiabank Perú World Bank International Monetary Fund Organisation for Economic Co-operation and Development Inter-American Development Bank United Nations Global Compact American Chamber of Commerce in Peru Peru–Canada Chamber of Commerce Defensoría del Pueblo El Comercio (Peru) La República (Peru) Colectivo de Abogados del Perú Perumin ADEX National University of San Marcos ILO Convention 169 Amazon rainforest Fitch Ratings Moody's Investors Service Standard & Poor's United States China Japan European Union Arequipa Cusco Piura Wong Saga Falabella Camposol Backus Cerro Verde Southern Copper Corporation Anglo American plc Freeport-McMoRan PROMPERÚ Sunat Confederación General de Trabajadores del Perú Frente Amplio (Peru)
Category:Business organizations based in Peru