He stressed that the Peruvian economy has been growing for more than eight years at a rate of 7 percent to 8 percent, showing that in real terms the economy is solid and that the Monday downturn of the Lima Stock Exchange was market speculation.

"I guarantee that we will not nationalize Telefonica, or any other Spanish or foreign or Peruvian company," he stated.

"Even rating agencies and investment banks, such as JP Morgan, have said that investments have to be made in Peru. Election is over and the economy is doing well."

He pledged to improve education, health and security policies, and said he plans to increase cooperation with the United States in fighting drug trafficking.

"I am interested in resolving the country's problems and being a good neighbor in Latin America," he said.