September 26, 2007

The U.S.- Peru TPA will help U.S. products overcome a competitive disadvantage given that Peru has been actively negotiating preferential agreements with other countries. Peru grants preferences to Bolivia, Venezuela, Ecuador and Colombia under the Andean Community and, within the framework of the Latin American Integration Association (ALADI), Peru has signed bilateral trade agreements with Argentina, Brazil, Chile, Cuba, Mexico, Paraguay, and Uruguay. The Government of Peru also plans to begin free trade negotiations with Singapore and several countries in Asia as well as with the European Union.
Source: International Trade Administration