Business School

Peru Free Trade Agreements FTAs International Relations CAN APEC

EENI International Business - Business in America

Master International Business

Learning unit: Peru Free Trade Agreements (FTAs). Syllabus:

- CAN. APEC. ALADI. MERCOSUR (Associate)
- Free trade agreements: Chile, Canada, Singapore, China, EFTA, Korea.
- Andean Community and MERCOSUR (ACE). ACE Peru - MERCOSUR. Panama.
- Trade Promotion agreement (TPA) with the United States.
- Trade Integration Agreement Peru - Mexico.
- Economic Complementation Agreement with Cuba (ACE 50).
- Trade Agreement between the European Union and Peru.
- Extra-regional Agreements of the CAN: India, China, Russia.
- ATPDEA (Law of Andean Trade Promotion and Drug Eradication Act).

Course learning materials: and / or Negocios en Perú

Educational level: Continuing education / Executive education programs.

Free Trade Agreements (FTAs) of Peru:

China - Peru FTA

- China Peru Free Trade Agreement.
- Certificate of origin.
- Advantages for exporters.

Singapore - Peru PeSFTA

- Singapore Peru Free Trade Agreement (PeSFTA).
- Benefits to Singapore Exporters. Rules of Origin.
- Commercial relations between Singapore and Peru.

Chile - Peru FTA

- Free Trade Agreement (FTA) Chile - Peru.
- Advantages of the FTA.
- Rules and Certification of origin of the FTA Chile - Peru.
- Trade Relations Chile - Peru. Investment flows FDI.

US - Peru TPA

- United States - Peru Trade Promotion Agreement.
- Business opportunities for U.S. exporters.
- U.S. Peru trade relations.
- Structure of the FTA.

Peru - Canada FTA

- Canada Peru Free Trade Agreement (FTA).
- Benefits of the FTA. Market Access.
- Trade relations between Peru and Canada.
- Agreement on Labour Cooperation and Environment.

Peru - South Korea FTA

- Korea Peru Free Trade Agreement (KPFTA).
- Advantages of the FTA. Market Access.
- Certificate of Origin.
- Trade Relations between South Korea and Peru.

Peru - MERCOSUR ACE

- Economic Complementation Agreement between Peru and Southern Common Market (MERCOSUR) (ACE 54 and 55).
- Trade Relations between Peru and Mercosur countries (Brasil, Argentina, Uruguay and Paraguay).
- Rules of Origin.

EU - Peru FTA

- European Union and Andean Countries Trade Relations.
- The Trade Agreement between Colombia, Peru and the EU.

Free Trade Agreement with EFTA. Agreements under negotiation: Thailand, Japan, Costa Rica, Panama, Guatemala

Free Trade Agreements (FTAs) and Trade Relations of Peru as a member of the Andean Community:

Andean Community (CAN)

- The Andean Community (CAN).
- The Andean integration system (SAI).
- Economic profile of the Andean countries.
- The Andean Community's common foreign policy (CFP). Relationships with Mercosur, USA, China, India, Russia, ...
- Trade Agreement between Colombia, Peru and the European Union.
- CAN: Productive and commercial development. Trade in goods, services and investments. Transportation.
- The Andean customs union. Free trade area. Common market. The NANDINA nomenclature. Common external tariff (ARIAN).
- The Andean Development Corporation (CAF).

MERCOSUR (Associate)

- MERCOSUR Southern Common market. Treaty of Asuncion. The Administrative Secretariat.
- The new institutional phase.
- The MERCOSUR political, economic and commercial.
- The Common external tariff EAC.
- MERCOSUR Origin Regime ROM.

Andean Community and MERCOSUR (ACE)

- Trade in goods between the Andean Community and MERCOSUR.
- Foreign trade of the Andean countries with Brazil, Argentina, Uruguay and Paraguay.
- Foreign trade CAN - Chile.
- Economic Complementation Agreement. MERCOSUR No. 59 - Colombia - Ecuador. Mercosur No. 58 - Peru. No. 36 Mercosur - Bolivia.

Andean Community - Mexico

- Trade Relations between Mexico and the Andean Community.
- Trade in goods between the Andean Community and Mexico.
- Agreement between Mexico and the Andean Community.
- Partial Agreements between Mexico and Andean Community States.

Andean Community - Chile

- Trade Relations Andean Community - Chile.
- Trade in goods between the Andean Community and Chile.

Andean Community - Panama

- Trade Relations between Panama and the Andean Community.
- Trade in goods between the Andean Community and Panama.

The Andean Trade Promotion and Drug Eradication Act (ATPDEA) (US)

- The Andean Trade Promotion and Drug Eradication Act (ATPDEA).
- U.S. Trade with ATPA/ATPDEA Countries (Bolivia, Colombia, Ecuador, and Peru).

Andean Community - India

- Trade Relations India - Andean Community.
- Foreign trade between India and Andean Countries.
- Agreement to establish a mechanism of political consultation and cooperation between India and CAN.
- Trade Relations between India and Venezuela.

Andean Community - China

- Trade Relations China - Andean Community.
- Foreign trade between China and Andean Countries.
- Agreement to establish a political consultation and cooperation mechanism between the Andean Community and the People’s Republic of China.
- Free Trade Agreement China - Peru.
- 中华人民共和国政府与秘鲁共和国政府自由贸易协定.

Andean Community and Russia

- Trade Relations between the Andean Community and Russia.
- Trade in goods and services between the Andean Community and Russia. FDI flows.

Institutions and Agreements of Peru

Latin American Integration Association (ALADI)

- The Latin American Integration Association (ALADI).
- Montevideo Treaty 1980 (TM80). Institutional organization.
- Agreement on Reciprocal Payments and Credits. Payment System in local currencies SML.
- Economic profile of ALADI countries.
- Customs procedures in ALADI countries.
- Nomenclature of the Latin American Integration Association (NALADISA)
- The Latin American Free trade association (LAFTA)

Asia-Pacific Economic Cooperation (APEC) ©

- Introduction to Asia-Pacific Economic Cooperation (APEC) ©.
- Structure. Bogor Goals. Osaka Action Agenda.
- Trade and Investment Liberalisation. Business Facilitation. Economic and Technical Cooperation.
- Achievements and benefits.

Union of South American Nations (UNASUR)

- Union of South American Nations (UNASUR).
- Member countries. Organs.
- Objectives of the UNASUR.
- The integration of South America.

Pacific Economic Cooperation Council (PECC)

- Introduction to the Pacific Economic Cooperation Council (PECC).
- Task forces. Trade and Investment in Services. Pacific Food System.
- State of the Region Report.
- Index of Economic Integration in the Asia-Pacific.
- PECC and the Free Trade Area of the Asia-Pacific (FTAAP).

Latin American and Caribbean economic System (SELA)

- The Latin American and Caribbean economic System (SELA).
- Latin American Council.
- Digital information and knowledge center.

Forum for East Asia-Latin America Cooperation (FEALAC)

- Introduction to the Forum for East Asia-Latin America Cooperation (FEALAC).
- Objectives and organization.
- Introduction to Latin America-Asian Economic Relations.
- Manila Plan of Action.

Summit of South American Arab Countries (ASPA)

- Summit of South American-Arab Countries.
- UNASUR and the League of Arab States.
- III Summit of Heads of State.
- The Brasilia and Doha Declarations.

Africa - South America Summit (ASA)

- Africa - South America Summit (ASA).
- Union of South American Nations (UNASUR) and the African Union.
- Declaration of Abuja and New Sparta. Marrakech plan of action.

Inter-American Development Bank (IDB)

- The Inter-American Development Bank (IADB).
- Operational chart. Member countries.
- Integration of regional infrastructure in South America (IIRSA).
- Case study : integration and development hubs in Latin America.
- Inter-American Investment Corporation (IIC).
- Multilateral Investment Fund (MIF).
- IDB project cycle: preparation, approval, implementation, completion and evaluation.

Economic Commission for Latin America (ECLAC)

- The Economic Commission for Latin America and the Caribbean (ECLAC CEPAL).
- Objectives. Member countries. History.
- Economic reports of ECLAC, Statistical yearbook, CEPALSTAT, ...

Organization of American States (OEA)

- The Organization of American States OEA.
- Foreign trade information system SICE.
- Trade agreements in America.
- Summit of the Americas.
- Free trade area of the Americas (FTAA ALCA).

Course summary Peru Free Trade Agreements (FTAs):

International Economic Relations. Peru is member of: Andean Community (CAN), Asia-Pacific Economic Cooperation (APEC), MERCOSUR (Associate), Latin American Integration Association (ALADI), Union of South American Nations (UNASUR), Latin American and Caribbean economic System (SELA), Pacific Economic Cooperation Council (PECC), Inter-American Development Bank (IDB), Economic Commission for Latin America (ECLAC), Forum for East Asia-Latin America Cooperation (FEALAC), Summit of South American Arab Countries (ASPA), Organization of American States (OEA), United Nations, World Bank, International Monetary Fund, World Trade Organization (WTO), Rio Group, CAF, OEI ...

The Andean Community (COMUNIDAD ANDINA) is a subregional organization endowed with an international legal status, which is made up of Bolivia, Colombia, Ecuador and Peru and the bodies and institutions comprising the Andean integration system (AIS).

- Partner countries: Chile, Argentina, Brazil, Paraguay and Uruguay
- Observer countries: Mexico and Panama

Asia-Pacific Economic Cooperation APEC © 21 member economies are: Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russian Federation, Singapore, Chinese Taipei (Taiwan), Thailand, United States of America, Vietnam. APEC © Free Trade Agreements (FTA) and Regional Trading Agreements (RTA)

Peru has bilateral Free Trade Agreements FTA with China, EU, EFTA, Chile (ACE), Singapore, Canada, USA (TPA)The Trade Promotion agreement (TPA) signed with the United States, which enter into force since February 1, 2009, consolidates the tariff preferences granted temporarily through the Andean Trade Promotion and Drug Eradication Act (ATPDEA) that have explained a large part of the dynamism of exports in recent years, and consolidates trade policy reforms implemented by Peru during the nineties.

The negotiation of the TPA with the United States set new standards in terms of the movement of goods and services and the protection of investment, which served as the foundation for negotiating the Free trade agreements with Singapore, Canada, China and the EFTA countries, the Early Harvest Protocol signed with Thailand and the deepening of the economy complementary Agreement (ACE) with Chile.

On this same foundation, negotiations are being developed for the deepening of ACE with Mexico and the signing of Free trade agreements with Japan. In addition, Peru is negotiating an Association agreement with the European Union, a block that sets zero tariff for fishing, agriculture and textile products through the General System of Andean Preferences

Finally it should be noted that since 1998 Peru has been a full member of the Asia-Pacific Economic Cooperation ©, whose market totals almost 50% of the world's population, which is being called to become a natural link between the industrialized economies of Asia and emerging economies in Latin America.

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