Peru looks to conclude trade talks with Japan in November

Peru is expecting to conclude negotiations for a free trade agreement with Japan toward the end of November, Foreign Trade and Tourism Minister Martín Pérez said.

Peru and Japan held a sixth round of negotiations between August 18-31 in Tokyo.

“In the last round of bilateral negotiations with Japan, we didn’t get the advances that we had hoped for,” state news agency Andina reported Pérez as saying. “But we will keep working and I hope that by the end of November this important negotiation can be finished.”

Talks between Peru and Japan for a trade deal began in April 2009. The agreement, if finalized, would be the fifth Peru signs with an Asian country.

On Monday, Peru announced it had concluded negotiations for a trade pact with South Korea. The South American nation already has agreements with Singapore, Thailand and China.

Peru also has FTA’s with the United States, Canada and the European Union.

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