ISDS Case Map
Peru
Peru and Canada have signed a free trade agreement at the the World Economic Forum in Davos, Switzerland
On January 26, 2008, Canada announced that Canada had concluded its negotiations of a free trade agreement with Peru. The Canada-Peru Free Trade Agreement (CPFTA) follows the Canada-Peru bilateral investment treaty (called a Foreign Investment Promotion and Protection Agreement (FIPA)) on June 20, 2007. The CPFTA is Canada's sixth free trade agreement (after the North American Free Trade Agreement, Canada-Chile Free Trade Agreement, Canada-Israel Free Trade Agreement, Canada-Costa Rica Free Trade Agreement and Canada-EFTA Free Trade Agreement)
Peru's Foreign Minister Ms Mercedes Araoz made an announcement to the effect that Peru and Canada were close to concluding negotiations on the Free Trade Agreement.
Talks between China and Peru to set up a free trade agreement are well underway. The Andean country says it hopes to become China's most important commercial link in Latin America.
The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, announced that the Bank will assist the government of Peru in launching the free trade agreement (FTA) signed with the United States in Washington, DC.
The US-Peru free trade agreement is to enter into force January 1, 2009, said Peru's Minister of Foreign Trade, Mercedes Aráoz. The Minister explained, "Obviously we want to move faster but there is a lot of work we have to do with the US government to make things compatible."
The same international grain traders who dumped below-cost grain into Mexico after NAFTA, driving over a million farmers off the land and fueling illegal migration into the United States, will now do the same in Peru.
The Peruvian government's happiness was contrasted today by the solemnity of agrarian producers after the ratification of the US-Peru Free Trade Agreement by the US Senate.
The US Senate gave overwhelming final approval Tuesday to a trade agreement with Peru, as most Democrats joined nearly all Republicans in handing President Bush an unusual victory
The US Senate began debate on Monday on a free trade agreement with Peru the Bush administration hopes will be its first legislative trade victory since Democrats took control of Congress in January.
