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Peru working on U.S. and Korea free trade deals, Exports not affected by U.S. economy

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Peru – Korea FTA Feasibility Study to conclude this week

The second and last feasibility study meeting to determine if Peru and Korea can benefit from a free trade agreement (FTA) will be held in Seoul on April 3 – 4, Peru’s Foreign Affairs and Trade Ministry (MINCETUR) said today. The launch of this Joint feasibility study for a possible FTA between Peru and Korea was agreed in November 2006 at a meeting between Peru’s minister of Foreign Trade and Tourism, Mercedes Aráoz, and her Korean counterpart. (ANDINA – click here to read complete article)

Peru and US to discuss FTA implementation progress

The United States and Peru’s officials will meet in Washington in the next days to discuss the advances of the Free Trade Agreement (FTA) implementation process, said the US ambassador to Peru, Peter Michael McKinley. “In this high-level meeting, Peru’s minister of Foreign Trade and Tourism Mercedes Aráoz will meet with the US Trade Representative (USTR) Susan Schwab to analyze the advances made in the implementation process of the FTA between both countries”, stated McKinley. (ANDINA – click here to read complete article)

Peru’s exports not affected by US economic decline

The current US economic weakness has not led to a slowdown in Peru’s exports during the first two months of the year because Peruvian companies have found new markets for their traditional and non -traditional products, said Peru’s minister of Foreign Trade and Tourism (Mincetur), Mercedes Araóz. "The U.S. economic downturn has had an impact on the sector but Peru has been able to diversify its export destination markets. The main impact was on international commodity prices which have been very unstable in the last months", said minister Araóz. (ANDINA – click here to read complete article)

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