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National Strategies Case Study

The trade policy and the dynamics of international trade negotiations were also aimed at consolidating economic integration across South America. Peru thus sought to integrate with MERCOSUR and, in August 2003, it signed a Complementary Economic Agreement creating a Peru-MERCOSUR free-trade zone.9 In November 2005, an ‘early harvest’ agreement was signed with Thailand, under which both countries implemented tariff relief programs for a limited number of sub-headings. The goal is to benefit from the trade liberalization of goods before the closing of the FTA negotiations, which are still pending. In the context of the CAN, January 2006 marked the deadline for the elimination of tariffs for the universe of tariff headings between Andean countries, thus perfecting the Andean freetrade zone. In addition to the aforementioned unilateral trade preferences granted by the United States (ATPDEA), the European Union (GSP) and Japan allowed Peru to export certain products tarifffree, including agro-industrial, textile and footwear, among other products. The most important occurrence in international trade negotiations over this period was undoubtedly the negotiation of the FTA with the United States. After actively supporting and joining the government in its efforts to secure a renewal of ATPDEA, the private sector, aware of the transitory nature of this mechanism and faced with the failure of the FTAA negotiations, supported the government’s proposed initiation of trade negotiations with the U.S. Business representatives were organized through the Business Council for International Negotiations (CENI) (see Chart Nr. 3). The FTA negotiation process extended for over two years; the FTA with the United States was signed on April 12, 2006. The political changes in the U.S. and the new democratic majority in the U.S. Congress in 2007 led to a revision of certain aspects of the TLC, and the changes were ratified by the National Congress. In the area of foreign trade, the strategy centered on the creation and implementation of the National Strategic Exports Plan (PENX) and its component elements and the boost by PROMPEX, the export promotion agency. Promotion activities and programs were developed in this period in the Agriculture and AgroIndustry, Fisheries and Aquaculture, Textile, Clothing and Accessories, Manufactured Products and Handicrafts, and Services sectors. Also, efforts are being made toward the decentralization of activities and programs through the Regions and Development Department and its Business Promotion Offices. Initiative for the Integration of Regional Infrastructure in South America (IIRSA)

In 2000, twelve South American presidents met in Brasilia to give fresh impetus to the regional integration process in South America, in recognition of the fact that such integration is a key factor for the development strategy. They committed to develop and execute a South American Physical Integration Action Plan, with a 10-year time window. They also requested the technical 9

This agreement is subject to the Framework Agreement between the Andean Community and Mercosur, of April 16, 1998, which ordered negotiations for a Free-Trade Zone between the parties.

mobilizing aid for trade: focus on latin america and the caribbean: proceedings of the regional r...  

this report was prepared by the integration and trade sector (int) as a contribution to the regional meeting on mobilizing aid for trade: la...

mobilizing aid for trade: focus on latin america and the caribbean: proceedings of the regional r...  

this report was prepared by the integration and trade sector (int) as a contribution to the regional meeting on mobilizing aid for trade: la...

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