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trade agreement has drawn criticism in Peru from some economic sectors that feel threatened by
Chinese competition; this is the case of the textile industry which claims that the low wages paid by their Chinese counterparts represent an unfair advantage. As an alternative, these sectors have proposed the exclusion of products such as textiles from the agreement or long periods to phase out tariffs on them.
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in Peru. Under the agreement, 10 percent of
Peruvian products such as textiles, clothing and shoes were excluded from the deal, while only 1 percent of Chinese products — wood and tobacco — were left out, said Eduardo Ferreyros, Peruvian foreign trade vice minister. The proposed China — Peru
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China is the second most important trade partner for Peru; as of 2006, it accounted for 9.6% of
Peruvian exports and 10.3% of Peruvian imports for a trade volume of $ US5.5 billion in 2007 On the other hand, Chinese investments are still small; as of 2006 companies headquartered in the People's
79:
between March 3 and March 7 of the same year. The third round was carried out in May, also in
Beijing. On November 19, 2008, President Alan Garcia announced that both sides have concluded trade pact talks and that the deal would be signed in the coming months.
40:. The two sides concluded talks in November 2008 and signed the agreement in April 2009. The agreement was officially ratified by both countries governments on December 6, 2009, and came into effect on March 1, 2010.
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The idea of such a trade agreement was first formally proposed by the
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announced the formal start of negotiations. The first round of negotiations was carried out in
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summit. In
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designed to eliminate obstacles to trade and investment between
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China-India
Regional Trade Arrangement Joint Feasibility Study
364:“Industria textil y confecciones quebrarían por TLC con China"
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China and Peru
Started the Negotiation on Free Trade Area
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Ministry of
Commerce of the People's Republic of China,
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Ministry of Commerce of the People's Republic of China,
129:(in Spanish). Barcelona: Crítica. pp. 107–114.
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390:- Ministry of Commerce, People's Republic of China
388:China's Free Trade Agreements > China-Peru FTA
250:. November 21, 2007. Retrieved on April 28, 2008.
374:. January 22, 2008. Retrieved on April 28, 2008.
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290:. March 11, 2008. Retrieved on April 28, 2008.
196:"China-Peru FTA to take effect in mid-January"
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287:China-Peru FTA Talks Enjoys Further Promotion
84:Republic of China accounted for only 1.5% of
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262:Ministerio de Comercio Exterior y Turismo,
222:Ministerio de Comercio Exterior y Turismo,
26:Tratado de Libre Comercio Perú – China
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599:Free Trade Area of the Asia-Pacific Region
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170:"Peru ratifies free trade deal with China"
51:, on November 18, 2006, during the 2006
158:China-Peru free trade pact takes effect
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397:Tratado de Libre Comercio Perú - China
328:, p. 60. Retrieved on April 28, 2008.
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711:Treaties entered into force in 2010
645:China-Colombia Free Trade Agreement
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172:. AFP. 2009-12-06. Archived from
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18:China–Peru Free Trade Agreement
696:Free trade agreements of China
608:Southern African Customs Union
346:. Retrieved on April 28, 2008.
275:. Retrieved on April 28, 2008.
235:. Retrieved on April 28, 2008.
225:Antecedentes de la negociación
47:, to her Chinese counterpart,
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126:La silenciosa conquista china
265:Cronograma de negociaciones
63:, the presidents of China,
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315:Banco Central de Reserva,
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86:foreign direct investment
721:2010 in economic history
618:Gulf Cooperation Council
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343:Inversión Extranjera
198:. Xinhua. 2010-01-05
176:on December 11, 2009
117:Cardenal, Juan Pablo
30:free trade agreement
633:Under consideration
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526:Switzerland
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180:26 December
69:Alan García
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481:Costa Rica
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568:Sri Lanka
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368:Archived
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123:(2011).
93:See also
49:Bo Xilai
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77:Beijing
22:Spanish
563:Norway
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466:ASEAN
445:China
34:China
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511:Peru
204:2010
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131:ISBN
73:Lima
53:APEC
38:Peru
36:and
16:The
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