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Latest News in Peru / Archive
Economy | 19 June, 2009 [ 14:08 ]
Peru - Canada FTA to come into effect in July.
LivinginPeru.com
Isabel Guerra
Canadian International Trade Minister, Stockwell Day, announced today that the Peru-Canada FTA will come into effect on July 1st.
Peru-Canada FTA was signed in May last year, in addition to two agreements on Labor Cooperation and Environment, in order to promote bilateral practices and assistance.
Peruvian Foreing Trade Minister Mercedes Araoz said that this FTA is ready to come into force after being passed in the Canadian Lower House and Senate.
Day added that the agreement will open doors to very important sectors of the Canadian economy, such as mining, manufacturing, agriculture and financial services.
Thanks to Peru-Canada FTA, about 3,836 Peruvian products will enter the Canadian market with zero tariffs, according to Lima Chamber of Commerce (CCL).
In 2008, bilateral trade between Canada and Peru amounted almost US $ 2.5 billion dollars.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
Canadian International Trade Minister, Stockwell Day, announced today that the Peru-Canada FTA will come into effect on July 1st. Peru-Canada FTA was signed in May last year, in addition to two agreements on Labor Cooperation and Environment, in order to promote bilateral practices and assistance.
Peruvian Foreing Trade Minister Mercedes Araoz said that this FTA is ready to come into force after being passed in the Canadian Lower House and Senate.
Day added that the agreement will open doors to very important sectors of the Canadian economy, such as mining, manufacturing, agriculture and financial services.
Thanks to Peru-Canada FTA, about 3,836 Peruvian products will enter the Canadian market with zero tariffs, according to Lima Chamber of Commerce (CCL).
In 2008, bilateral trade between Canada and Peru amounted almost US $ 2.5 billion dollars.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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