The Minister of Foreign Trade and Tourism (Mincetur), Desilú León, reported that this afternoon the Free Trade Agreement (FTA) between Peru and Hong Kong within the framework of the Asia Pacific Economic Cooperation Forum (APEC) summit.
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“(This will mean) a better offer of our services,” said the official. Currently, Peru has 22 FTAs in force with 58 economies in the world.
It should be noted that in November 2022, within the framework of the APEC Leaders Meeting, the start of negotiations for this FTA was announced, which was reported to be broad and ambitious and would cover trade in services, investment, intellectual property, among others. others.
In May of this year, Mincetur announced that they had already achieved the substantial conclusion of the negotiation and that only the signing of the agreement with the economy was pending, which in 2023 became the third destination for Peruvian non-traditional exports.
Among the products that Peru sends to Hong Kong are grapes, avocados, fish meal, sea urchins, zinc, copper and clothing. Meanwhile, we mainly import capital goods.
On the other hand, Desilú León pointed out that the holding of APEC benefits micro and small businesses. “The holding of this type of forums and commercial agreements also benefit MSEs,” he commented.
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