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Japan promised some 42.6 billion yen July 3 in fresh economic aid to Peru, while Peruvian President Alberto Fujimori brushed aside concerns over terrorism and urged Japanese firms to invest further in his country.

Appearing at a news conference in Tokyo, Fujimori said the 127-day hostage crisis at the Japanese ambassador’s residence in Lima was “an isolated incident.” Peru had taken appropriate measures to ensure public safety, including those to fight terrorism, even before the hostage crisis, he told reporters. Therefore, he added, Japanese firms should increase investment in Peru and Japanese people should travel to the country.

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