The U.S.-Peru TPA Five Years of Spectacular Growth

The U.S.-Peru Trade Promotion Agreement (PTPA) has been instrumental in boosting bi-lateral trade in food and agricultural products between the United States and Peru. Five years after entering into force (February 1, 2009), trade between the two partners is at record highs. From 2009 to 2013, bilateral food and agricultural products trade jumped from $1.46 billion to $2.37 billion – a nearly 63 percent increase.