Canada - Peru Free Trade Agreement

Country / jurisdiction: Peru · Year: 2009 · Status: In force · Level: National · Type: Voluntary

The Free Trade Agreement between Peru and Canada entered into force on August 2009, fully or partially eliminating import tariff for most energy products and technologies, including:

Electric motors, turbines and generators;

Mechanical equipment including pumps, appliances, and other advanced machinery;

Electric accumulators, transformers, capacitors, batteries;

Motor vehicles;

Mineral ore, slag and ash;

Mineral fuels, oils and other products;

Metals and their articles e.g. iron and steel;

Semiconductors devices and photovoltaic cells;

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin valued above 55% of the transaction value of the good to benefit from the tariff treatment established by the Agreement.

Official source: https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/peru-perou/fta-ale/index.aspx?lang=eng