During the ninth round of negotiations of a free trade agreement between the United States and three South American nations in the Andean region — Colombia, Peru and Ecuador — Peruvian President Alejandro Toledo called for ”greater flexibility” on the part of Washington.
Chile and Peru will start negotiations on a free trade agreement (FTA) in January, local press cited Chilean Foreign Minister Ignacio Walker as saying on Saturday.
Thailand and Peru have edged closer to forming a free trade area (FTA) following discussions between Thai Trade Representative Kantathir Suphamongkhon and Peruvian President Alejandro Toledo, in which the Peruvian leader promised to exercise greater trade flexibility with Thailand than with other countries, and to review a ban on the import of Thai rice.
The entry into force of a U.S. free-trade agreement with Colombia, Ecuador and Peru will open important markets for the United States, bolster the economies and counternarcotics efforts in the Andean nations, and should be concluded in a timely fashion, says Deputy U.S. Trade Representative (USTR) Peter Allgeier.
Tariffs on agricultural products and definitions of intellectual property rights, particularly for pharmaceuticals, are shaping up as the most contentious issues in the free trade negotiations between the United States and three Andean nations, Colombia, Ecuador, and Peru.
Peru’s Vice Minister of Foreign Trade Pablo de la Flor was in Bangkok earlier this week for the third round of free-trade agreement talks between Thailand and Peru.
"One of the key aspects of the free trade agreement that the United States is negotiating with Colombia, Ecuador and Peru refers to access to the biological wealth of the three South American nations."
As the United States and Peru negotiate a bilateral trade pact, a United Nations human rights expert has urged them to ensure any agreement includes public health safeguards so that essential drugs do not become unaffordable for millions of Peruvians.
The Peruvian Congress has passed legislation to protect the country’s biodiversity by restricting patents on biological resources.
From 18-19 May, representatives of three Andean nations — Peru, Ecuador and Colombia — met with US officials in Cartagena, Colombia for the first round of negotiations aimed at a US-Andean free trade agreement (FTA).
The United States announced today that Peru and Ecuador will join with Colombia in the first round of negotiations on a U.S.-Andean Free Trade Agreement (FTA) scheduled for May 18-19.