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Posts Tagged ‘free trade agreement

First Shipments of Peru-US Exchanged Goods Arrive to/Depart from Peru

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The first goods exchanged between Peru and the U.S. around the recently signed Free Trade Agreement arrived to Peru and were shipped to the U.S., correspondingly, according to an article in El Comercio.

In a historic celebration, the first shipment coming from the U.S. to Peru’s international port of Callao arrived yesterday Monday, February 2 including apples from California worth US$17,542. And the first shipment of Peruvian textiles to the U.S. left Callao.

The vast majority of goods coming from the U.S. to Peru free of customs charges include complementary and industrial goods, supplies, and machinery for Peruvian producers.

The U.S. is Peru’s largest commercial partner. In average, trade among both countries reaches nearly US$ 9.4 billion per year.

Click here to watch a news video on this relevant trade accomplishment for both countries.

Key US-Peru trade facts, according to El Comercio:

  • Since last Sunday, products imported to Peru from the U.S. are entering free of customs — in the past they included a 9% or 17% customs charge.
  • In 2008, 18% of the US$31,163 million of total Peruvian exports were shipped to the U.S.
  • In the following months, the Free Trade Agreements with Canada, Singapore, China and Chile will become effective.

Written by Catherine Castro

February 3, 2009 at 10:29 pm

U.S. Congressman Hinojosa Visits Peru, Calls Support for FTA to Ride Global Economic Crisis

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U.S. Congressman Rubén Hinojosa (D-TX) meets with the Peruvian President Alan Garcia., as Andina reports via a video (in Spanish).

During his stay, the Congressman made a statement to the press calling to support the Free Trade Agreement between the U.S. and Peru to increase commerce, investments, and generate employment opportunities in Peru and also in the U.S. to ride through the current global economic crisis.

Written by Catherine Castro

December 14, 2008 at 11:23 am