Mexico And Peru Free Trade Agreement Textiles Tariff Free

< p > > a href= "http://www.91se91.com/news/index_p.asp" > Mexico < /a > signed a trade integration agreement with Peru, including mutual tariff reduction, which is scheduled to take effect in February 1, 2012.

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< p > the main purpose of the agreement is to promote bilateral trade and investment, including goods, services, investment, government departments and dispute settlement.

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< p > the two sides will open tariffs on 12 thousand products in 10 years. After the agreement comes into effect, Mexico's 83% industrial products, including < a href= "http://www.91se91.com/news/index_f.asp" > textile > /a > and paper products, can be immediately entered the Peru market without tariff. Food related products will be reduced for 10 years, and 76% of agricultural products will be exempt from customs duties in 10 years.

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< p > among which, the quota products include onion and pepper, and exclude the application of 18% sensitive agricultural products.

For Mexico, in addition to industrial products, 43% products will be opened to Peru agricultural products, which are exempt from "a href=" http://www.91se91.com/news/index_cj.asp "tariff > /a".

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< p > Mexico and Peru signed the ACUERDO DE COMPLEMENTACION ECONOMICA:ACE N degree 8 in 1987, expanding the agreement in 2000 and included in the issues of service trade, intellectual property rights and investment.

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"P >, after years of consultation between the two sides, signed the bilateral trade integration agreement in Peru in April 6, 2011, which includes free trade agreements and passed by the parliament of Mexico.

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According to statistics from Mexico Bank (central bank), Mexico's exports to Peru in the past 10 years have been growing at an average annual growth rate of 25%. In 2010 2011, Mexico exported 1 billion 180 million to Peru, up 32.1% from the same period in 2010.

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< p > Mexico has signed 13 free trade agreements globally: the North American Free Trade Agreement (NAFTA), Bolivia, Costa Rica, Columbia, Nicaragua, Chile, the European Union, the European Free Trade Association (EFTA), Israel, the North American triangle of Central America (Guatemala, Honduras and Salvatore), Uruguay, Japan and Peru.

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