Peru has signed a Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with Malaysia, allowing around 90% of Peruvian products to enter Malaysia tariff-free. The CPTPP is expected to create business opportunities for Peruvian companies and boost the Peruvian economy, with exports to Malaysia potentially reaching US$125 million. The CPTPP is already in effect for several other countries, and Peru is working to eliminate phytosanitary gaps for the export of Hass avocado to these regions.