Nine Years of FTA Peru – China: its negotiation and its results

• Autor: Chan, Julio
• Formato: artículo
• Fecha de Publicación: 2019
• Institución: Pontificia Universidad Católica del Perú
• Repositorio: Revistas - Pontificia Universidad Católica del Perú
• Lenguaje: español
• OAI Identifier: oai:revistaspuc:article/21263
• Enlace del recurso: http://revistas.pucp.edu.pe/index.php/agendainternacional/article/view/21263
• Nivel de acceso: acceso abierto
• Materia: Peru; China; Mincetur; free trade agreement/treaty; international trade negotiations; foreign trade; exports; traditional exports; non-traditional exports; imports; consumption goods; inputs and intermediate goods; capital goods; trade balance; total trade; Perú; Acuerdo/Tratado de Libre comercio; negociaciones comerciales internacionales; comercio exterior; exportaciones; exportaciones tradicionales; exportaciones no tradicionales; importaciones; bienes de consumo; insumos y productos intermedios; bienes de capital; balanza comercial; intercambio comercial

The Free Trade Agreement between Peru and China has as characteristics a long process of gestation and a brief process of negotiation. Tariffs benefits agreed allow for the great majority of potential Peruvian exports products to have access to tariffs reductions. On the other hand, almost all Peruvian products sensitive to Chinese competition were excluded from the tariff reduction process or were included with up to 17 years of tariffs reductions. After nine years of entering into force, it is concluded that the agreement has been beneficial for Peru, notwithstanding the essential characteristic of its trade structure: that of being interindustrial.