Home / Knowledge / News / Textiles / Peru textile exports to grow as FTA with Mexico starts
Peru textile exports to grow as FTA with Mexico starts
Feb '12
The Free Trade Agreement (FTA) between Peru and Mexico has come into effect this week. The FTA replaces the earlier bilateral Economic Cooperation Agreement between the two countries.

Peru-Mexico FTA will especially boost Peru's textile and garment exports as tariff preferences on textile, garment and other items have immediately become applicable.

The FTA incorporates over 12,000 products and the trade between both countries is expected to cross US$ 4,000 million by 2015.

The Agreement aims to gradually remove trade barriers, promote fair competition, facilitate the movement of goods and services and encourage investments between Peru and Mexico.

Bilateral trade between Peru and Mexico grew from US$ 414 million in 2000 to US$ 1,456 million in 2010, with average growth rate of about 13 percent per annum.

During the first 11 months of 2011, bilateral trade between the two countries was US$ 1,692 million. While Peru exported goods worth US$ 426 million to Mexico, it imported US$ 1,267 million worth of goods from the North American country.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Casper raises total funding of $240 million

Casper, the global sleep company launched three years ago has...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search