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Lima, Peru  |  Monday 01 December 2008 19:01  |  | 

World | 11 May, 2007 [ 08:00 ]

FTA: Peru's Foreign Trade Minister confirms U.S. bipartisan agreement


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Mercedes Araoz, Peru's Foreign Trade Minister
© Andina
(LIP-jl) -- After months of speculation and contradictory media reports, Peru's Minister of Foreign Trade and Tourism Mercedes Araoz was pleased to confirm that United States Democrats and Republicans have finally come to an agreement that green lights negotiations aimed at ratifying the U.S.-Peru Free Trade Agreement.

During a press conference held at the Peruvian Government Palace in downtown Lima yesterday, Peru's highest trade authority explained that yesterday's bipartisan agreement includes negotiations that will add various amendments to the current treaty.

The amendment negotiations will take place between Peru's Foreign Trade Ministry and the U.S. government, with the amendments being placed to a vote before Peru's Parliamentary body.

In reference to the U.S., she stated the negotiated amendments will be included in the treaty before it is submitted to the U.S. Congress for approval.

Araoz reemphasized the importance of recent visits to the U.S. by key members from Peru's political arena, including Peruvian President Alan Garcia.

"President Garcia's visit with U.S. officials has begun to bear fruit," said Araoz.


- related articles -
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White House and Congress near deal on FTA with Peru (by LIP, 10 May, 2007)
U.S. Deputy Secretary of State in Peru (by LIP, 10 May, 2007)
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