Peru and Thailand reach substantial closure in negotiation for bilateral trade agreement

(Agraria.pe) The Ministry of Foreign Trade and Tourism (Mincetur) announced that Peru and Thailand have reached a substantial closure in the negotiation for a Comprehensive Trade Agreement between both countries, thus bringing closer the conclusion of this new FTA for the country. “Thailand is a market with great potential to continue increasing the presence of Peruvian products by representing more than 70 million potential consumers. With this comprehensive FTA, we are also expanding our commitments in areas such as trade in services, cooperation, and trade facilitation,” highlighted the Minister of Foreign Trade and Tourism, Teresa Mera. The substantial closure of the negotiation means that both countries have reached a consensus on the most complex issues of the negotiation, with minor technical issues remaining that will not prevent its upcoming signing. The Trade Agreement will include topics such as market access, rules of origin, legal and institutional issues, customs ...