Political Risk Latin America Blog @PolRiskLatam

Peru and Japan sign free trade deal in Tokyo

Posted in News and Articles, Political Risk by politicalrisklatam on May 31, 2011

published by Andina, May 31st, 2011.

Peru and Japan on Tuesday signed a bilateral free trade agreement (FTA) which will promote the liberalization and facilitation of trade and investment between the two countries.

The Economic Partnership Agreement (EPA) was inked by Japanese Foreign Minister Takeaki Matsumoto and Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros in Tokyo.

According to the agreement, the new pact, which will come into effect once ratified by the Diet of Japan and Congress of Peru, will eliminate tariffs on more than 99 percent of the value of goods traded between both countries, within a 10 year timeframe. (continue reading… )

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