Peru demand,trade to strengthen

摘要

The U.S.House of Representatives in November approved a Free Trade Agreement with Peru,which should further bolster that country's estimated 100 billion economy,including accelerated construction activities and consumer spending.The Senate is slated to vote in December and passage is all but assured.The agreement will eliminate 80% of the import tariffs on U.S.-made industrial and consumer goods entering the country,as well as provide Peru with tax-free access for its agricultural,textile and other products.As a result,some analysts suggest Peru's economy could grow by 400 million over the coming year.The European Union now is accelerating free trade talks with Peru as well.