US Ambassador: Renegotiation of FTA with Peru “very difficult”

The United States Ambassador to Peru, Rose Likins, said the renegotiation of the bilateral free trade agreement that has been proposed by President-elect Ollanta Humala would be difficult to achieve, according to the daily La Republica. “It is still to early to use the word renegotiation. It is a very formal term and in our [...]

Adex: Recent FTAs to consolidate Peru’s ties with Asia

Peru’s recent conclusion of negotiations for free trade deals with South Korea and Japan has consolidated its ties with Asia, according to the president of Peruvian export association Adex, Juan Varilias. President Alan Garcia signed a Free Trade Agreement with Japan last week during his visit to Asia and on Monday he signed a trade [...]

Peru presents proposal to conclude FTA talks with Japan

Peru has presented a proposal to Japan to wrap up the free trade agreement the two countries have been negotiating, daily Gestion reported. “Peru’s negotiating team has made a closing proposal and we need Japan to meet a few requests for the admission of Peruvian products that we believe is important,” said Foreign Trade and [...]

Peru expects to finalize trade deals with South Korea and Japan in April

Foreign Trade and Tourism Minister Martín Pérez said Friday that Peru is expecting to finalize free trade agreements with South Korea and Japan next month. “In the beginning of April, negotiators will meet during a new round with South Korea, while a meeting with Japan is scheduled for the week of April 26,” Radio Programs [...]

Peru opens trade deal with China and reaches agreement with European Union

A free trade agreement between Peru and China came into force on Monday, 15 months after President Alan García and his Chinese counterpart, Hu Jintao, wrapped up talks to seal the trade deal. The official opening of the trade pact with China comes a day after Peru finalized negotiations for a free trade agreement with [...]

Peru-South Korea launch second round of trade talks, free trade deal in the works

Peru and South Korea initiated a second round of trade talks to sort out differences on touchy topics such as sanitary norms, intellectual property and environmental issues, daily La República reported Monday. The four-day talks, set to last until May 14, 2009, will also tackle telecommunications, financial services, tariffs, and, among other issues, investment. Peru [...]

Peru-Chile trade pact to take effect March 1st

Almost three years after it was signed by both South American countries, the Peru-Chile trade deal will take effect this Sunday, said Foreign Affairs and Tourism Minister Mercedes Aráoz.

Peru joins Ecuador and Colombia to negotiate free trade agreement with EU

Delegates from Peru, Ecuador and Colombia began meetings in Bogota on Monday in the first round of negotiations for a free trade agreement with the European Union. This round of negotiations, the first of four that the countries hope will conclude with an agreement by mid-year, comes after a series of postponements. The European Union’s [...]