U.S.-Peru Trade Agreement

Syllabus of the Subject: United States-Peru Trade Promotion Agreement

1. Introduction to the United States-Peru Trade Promotion Agreement
2. Business Opportunities for the U.S. Exporters
3. International trade relations between the United States and Peru

Sample: United States-Peru Trade Promotion Agreement (TPA)

Description: United States-Peru Trade Promotion Agreement (TPA)

The United States-Peru International Trade Promotion Agreement (TPA) entered into force in 2009.

1. As a result of the entry into force of the United States-Peru Free Trade Agreement (FTA), 80% of U.S. industrial and consumer export products enter duty-free in the Republic of Peru
2. Nevertheless, a value-added tax of 18% applied to virtually all the products entering to Peru results in moderately higher prices for many products in comparison to those prevailing in the United States

The United States-Peru Trade Promotion Agreement:

1. Eliminates the tariffs and removes the Technical Barriers to the U.S. services
2. Provides a secure legal framework for investors, and
3. Strengthens the intellectual Property Protection (IPP), workers, and environment

International Trade United States-Peru.

1. Foreign Trade (Import, Export) of the United States with Peru was 8.8 billion dollars; the United States exported products to the Republic of Peru at 4.8 billion dollars
2. U.S. exports to Peru grew 37%.
3. The main United States exports to the Republic of Peru were: machinery, chemicals, computer, electronics, petroleum, petroleum products, transport equipment, fish, forestry products, wood, newspapers, books, and food products
4. Exports of products of the Republic of Peru reached 35.1 billion dollars

Peru and the United States are members of the Asia-Pacific Economic Cooperation (APEC) and belongs to the Western-Christian Civilisation (North American - Latin American).

US Free Trade Agreements: USMCA/NAFTA 2.0, APEC, African Growth and Opportunity Act, WAEMU, East African Community, COMESA, Bahrain, Oman, Jordan, Morocco, European Union, South Korea, Australia, Singapore, ASEAN, Chile, Colombia, Central America, Panama, Caribbean Basin Initiative...

Peruvian Free Trade Agreements: Andean Community (European Union, EFTA), ALADI, China, Singapore, Chile, Canada, South Korea, MERCOSUR...