PERU FTA PROVIDES MARKET ACCESS ON KEY FARM PRODUCTS

The U.S.-Peru free trade agreement concluded in December will give the U.S. increasing access to the Peruvian market for sensitive products such as rice, poultry and corn over 17 years through tariff rate quotas that will expand annually, according to a Peruvian government announcement. Information released by Peru's Ministry of Foreign Trade and Tourism states that the agreement will make permanent the duty-free access for products that Peru has under the Andean Trade Promotion and Drug Eradication Act (ATPDEA), while...