Canada has successfully concluded negotiations toward a free trade agreement with Peru as the Harper government aims to widen market access for Canadian goods and services abroad at a time when fears loom about a slowdown in the U.S. economy.
This free trade agreement with Peru will further solidify its trade and investment relationship, and open up opportunities for Canadian business in a range of sectors.
In 2006, two-way trade in merchandise between Canada and Peru amounted to $2.4-billion.
Peru has emerged as one of the most dynamic economies in the Americas, supported by an aggressive commerce agenda and clear stance in favour of trade liberalization.
The government said the deal, Canada's second in South America following an agreement with Chile, will provide greater market access in Peru for Canadian agricultural products including wheat and barley, some boneless beef cuts, paper products, and machinery and equipment.
Under the pact, Peru will......
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