Excerpt
(Excerpted From International Debates, April 2007)
With 28 million people, Peru is the fifth most populous country in Latin America. Although its economy is very small compared to that of the United States, its leading trading partner, Peru has undergone a period of expansion in recent years and is now one of the most liberal market economies in the region. According to the Office of the U.S. Trade Representative, in 2005, U.S. exports to Peru totaled nearly $2.3 billion, while two-way trade between the two countries amounted to $7.4 billion.
In April 2006, Peru signed a bilateral free trade agreement with the Un…
In This Issue
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Foreword
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U.S.-Peru Relations
Overview of Trade Negotiations
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Peru Profile
History, Economy, and Foreign Relations
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Potential Impact of the Agreement
Economic and Regulatory Effects
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Pro & Con
Should the U.S. Congress Approve the United States-Peru Trade Promotion Agreement?
