Canada and Peru sign free-trade agreement

The free-trade agreement between Canada and Peru was signed recently in Lima at the Government Palace by Helena Guergis, secretary of state for the International Trade and Foreign Affairs of Canada, and Alan Garcia, president of Peru. They also signed accords in Labor Cooperation and the Environment.

The trade ministers of both countries completed the negotiations in Davos, Switzerland, in January 26, 2008. Currently, Peru exports to Canada US$1,780 million in products, figure that will eventually increase due to this free-trade agreement.