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The Peruvian government says the tariff pause will allow negotiations and demonstrate the benefits of the FTA.
Thursday, April 10, 2025 - 15:45
Fuente: Agencia Andina

The Ministry of Tourism confirmed the request for a meeting with the United States. Peru strengthens efforts to diversify its markets.

Peru's Minister of Foreign Trade and Tourism, Desilú León, said that the application of a universal 10% tariff by the United States on imports from almost all countries, with the exception of China, which will face a 125% tariff, would primarily benefit countries that faced higher tariffs by temporarily aligning them with a common 10% tariff.

In the case of Peru, which has a Free Trade Agreement (FTA) with the United States, the 10% additional tariff on products that previously entered tariff-free would remain in place.

In this context, the head of Mincetur stated that she believes this pause opens the way for technical dialogue on relevant trade issues, which will allow us to continue holding meetings aimed at reviewing the treatment applicable to Peruvian products and strengthening our position as a reliable trading partner.

He also indicated that Peru is among the countries that have requested technical meetings with the Office of the United States Trade Representative (USTR), the competent authority for foreign trade in that country, and reaffirmed the commitment of the Dina Boluarte government to strengthening bilateral dialogue on trade matters.

"This rapprochement will allow us to highlight the strategic value of our trade relationship and demonstrate the mutual benefits of the FTA, which has been in place for more than a decade," he noted.

"We can demonstrate that the trade balance with Peru does not pose a risk to the interests of the United States and that our exports meet high technical, health, and environmental standards. We are also willing to address in a technical and transparent manner some of the concerns raised by that country, which, from our perspective, do not constitute barriers to trade," he emphasized.

The minister explained that Mincetur is leading a coordinated effort with sectors such as Economy and Finance, Foreign Affairs, Agricultural Production and Development, and Irrigation to define a clear and technically supported national position on the issues of interest identified at this stage.

"Likewise, we are coordinating with the private sector, whose participation is essential to understand firsthand the impacts faced by different production chains and to have direct evidence to support our position," he noted.

In parallel with the negotiations with the United States, Minister León indicated that Mincetur is strengthening actions aimed at market diversification and promoting Peruvian exports to other destinations.

"We are actively participating in international fairs, trade missions, and business meetings as part of a complementary strategy that seeks to reduce risks and open new opportunities for our exporters," he noted.

Mincetur is also promoting the opening of new markets, with particular emphasis on ongoing trade negotiations with Guatemala, El Salvador, India, Indonesia, and the upcoming start of negotiations with the United Arab Emirates.

Autores

Agencia Andina