The United States and Peru signed the United States-Peru Trade Promotion Agreement (PTPA) on April 12, 2006. Following approval by the U.S. Congress and the Congress of Peru, the PTPA entered into force on February 1, 2009. The PTPA is a comprehensive free trade agreement.
The PTPA will result in significant liberalization of trade in goods and services between the United States and Peru. Under the PTPA, Peru immediately eliminated most of its tariffs on U.S. exports, with all remaining tariffs phased out over defined time periods.
Select from the links below to view reports profiling the current trade and tariff environment between the United States and Peru, and the sector-specific market access results of the U.S.-Peru Trade Promotion Agreement.