Peru Agriculture Ministry announces new regulations ahead of FTA

Agriculture Minister Ismael Benavides announced on Monday that his ministry will implement 20 new regulations intended to help Peru’s agricultural industry adapt to the free trade agreement with the United States. The regulations will be implemented by the end of March, reported daily El Comercio. The first regulation will reportedly restructure the ministry and its [...]

Peru agriculture minister announces multi-million investment for agriculture sector

Agriculture Minister Ismael Benavides Ferreyros announced an investment of about $300 million this year in order to improve productivity of Peru’s agriculture sector ahead of the implementation of the U.S.-Peru free trade agreement. The Agriculture Ministry has set a a goal of producing 400,000 new jobs within the sector, and another 200,000 jobs to agricultural [...]

Peru government plans training for rural communities to prepare for FTA

Over 4,000 rural communities in Peru will receive State training to alleviate economic difficulties from the free trade agreement with the United States. According to the National Program for Watershed Management and Soil Conservation (PRONAMACHCS), farmers will receive the training so they can take advantage of new opportunities provided by the FTA. PRONAMACHCS General Manager, [...]

U.S. Senate approves Peru FTA

The United States Senate has overwhelmingly approved a free trade agreement with Peru today. The 77 – 18 vote in favor of the accord awaits the ratifying signature of U.S. President George W. Bush. ¨This definitive approval of the FTA opens Peru to the worlds largest market and consolidates the path of commercial liberalization and [...]

Peru president lauds U.S. House approval of FTA

Peruvian President Alan García is celebrating after the United States House of Representatives approved a free trade agreement with Peru today. “Peru will have open access to the largest economy in the world. The United States, economically, is 150 times larger than Peru,” García told reporters. The 285-132 vote in favor of the accord was [...]