It is a meeting point to promote knowledge and opportunities for growth and development between Latin America and Asia Pacific, through strategic and sustainable cooperation.
The bilateral framework has driven higher Peruvian exports and a slight reduction in imports, although the trade balance continues to be negative for Peru.
The agreement establishes the applicable taxes in each country and forms part of a historic bilateral relationship sustained by more than a century of diplomatic ties.
More than two decades after its entry into force, the agreement has facilitated the flow of the economic relationship in which trade in goods grew at a moderate pace and maintained a favorable balance for Argentina.