U.S.-Peru Trade Promotion Agreement

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

US-Peru Trade Promotion Agreement (TPA)

The Subject “United States-Peru Promotion Agreement” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Languages: or USA-Perú Etats-Unis.

United States-Peru Trade Promotion Agreement (TPA)

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

1. As a result of the entry into force of the U.S.-Peru Free Trade Agreement, 80% of U.S. industrial and consumer export products enter duty-free in 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 U.S.

The U.S.-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 of the U.S. with Peru was 8.8 billion dollars; the U.S. exported products to Peru at 4.8 billion dollars
2. U.S. exports to Peru grew 37%
3. The main United States exports to 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 Peru reached 35.1 billion dollars

Peru and the U.S. are members of the APEC and belongs to the Western Civilization (North American - Hispanic American).

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