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El Salvador - Peru FTA This Year

For the first quarter of the year, public and private sectors expect to finalize negotiations for a Free Trade Agreement with Peru.

Monday, January 9, 2012

The most difficult part of negotiations has been related to industry, specifically the textile sector, which has shown the most resistance to the signing of the treaty.

Giovanni Berti, export director of the Agency for Promotion of Exports and Investments of El Salvador (PROESA) told Laprensagrafica.com that, "negotiations between the two countries are already advanced to about 95%.

The FTA with Peru has been delayed because of lack of consensus with one sector, it is ready and 95% agreed. "

Source: laprensagrafica.com

Key entities

Promotion of Investment El Salvador Giovanni Berti

Countries

Peru El Salvador

Insight

free trade agreement exports exports TFA Perú - Centroamérica Textile Industry Exports & imports International Commerce

El Salvador Resumes FTA with Peru

October 2011

Before the end of the year, the country will resume negotiations over a FTA with the Andean nation.

The announcement was made by Minister of Economy in El Salvador, Hector Dada, after a publication in a Peruvian newspaper expressed interest resuming negotiations with El Salvador .

El Salvador: Textile Producers Seek FTA with Peru

April 2011

Sector representatives have presented a proposal to be considered within the scope of the trade agreement.

After hearing that Peru was seeking to exclude products receiving preferential tax rates from the free trade agreement (FTA) negotiations, El Salvador's textile sector, together with the government, decided to present a different offer to be considered for inclusion within the agreement.

Guatemala and Peru FTA Closer

June 2011

More than 5000 Guatemalan products will enter the Andean country duty free.

The fifth round of negotiations on the Free Trade Agreement between the representatives of both governments concluded with the definition of a list of products to be exported duty free to Peru. Sugar cane and coffee are excluded.

Guatemala Seeks Trade Agreement with Peru

March 2011

Motivated by the recent economic success of Peru, the Guatemalan government seeks to negotiate a Free Trade Agreement with it.

Guatemala seeks to stregnthen its ties to the Andean nation, which has achieved remarkable economic growth and good export diversification.

Erick Coyoy, Economy Minister, commented that in 2010, Guatemala imported $51 million from Peru and exported $76 million.

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