Peru working on trade negotiations with other countries

05 Sep '13

2 min read

Peru is currently working on future trade negotiations with other countries, including Russia, India, Indonesia, Turkey and Israel, Minister of Foreign Trade and Tourism, Magali Silva Velarde-Alvarez has said.

Presenting the policies and strategies of her Ministry to the Commission of Foreign Trade and Tourism Congress, Ms. Silva said Peru has signed 19 foreign trade agreements to date, which has resulted in diversification of markets, in which over 95 percent of Peruvian products enjoy exports trade preferences.

She said the Ministry of Foreign Trade and Tourism (MINCETUR) is working on future trade negotiations with Russia, India, Indonesia, Turkey and Israel, among other countries, which would give us benefits in several sectors, including textiles and clothing, according to a press release.

“The trade agreements are part of the national strategy that seeks to turn Peru into an exporter of goods and value-added services to provide greater economic opportunities, primarily to small and medium enterprises (SMEs),” the Minister said.

Ms. Silva said ExpoPerú events are very important for the development and promotion of exports. The recent fairs held in Costa Rica and Panama achieved US$ 18 million in sales, 38 percent higher than the 2011 edition, plus 548 business meetings and more than 190 buyers.

In the coming months, ExpoPerú would be organized in Brazil and Mexico, she informed.

Speaking on the issue of Peruvian trade offices abroad (OCEX), the Minister said that currently 18 offices are operational and the number of offices is likely to go up to 34 by 2014.

Similarly, the window of Foreign Trade (VUCE) has managed to incorporate 96 different procedures required by Peruvian entities for import and export of goods, the statement said.

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