U.S.-Peru Relations
Overview of Trade Negotiations
OnApril 12, 2006, U.S. Trade Representative Rob Portman and Peruvian Minister ofForeign Trade and Tourism Alfredo Ferrero Diez Canseco signed the U.S.-PeruTrade Promotion Agreement (PTPA). On January 6, 2006, President George W. Bushnotified the Congress of the United States’ intention to enter into the PTPA.The Peruvian Congress voted 79 to 14 to approve the PTPA on June 28, 2006.Under Title XXI (Bipartisan Trade Promotion Authority Act of 2002), the PTPAwould be considered by the U.S. Congress on an expedited basis that is limitedin debate and with no amendments. The Trade Promotion Authorityprocedures require the President to submit formally the…