ISDS Case Map
Peru
Indonesia and Peru are working to finalize a free trade agreement. The two countries held talks in September to discuss trade, investment, and other economic issues. They aim to increase trade volume between them and have agreed on a visa-free agreement for diplomatic and official passport holders.
Peru has ratified the accession protocol of the United Kingdom to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the former’s ministry of foreign affairs recently announced.
The deal, which would be ninth such pact Hong Kong has in place, also covers investment and intellectual property.
Top trade officials from India and Peru will meet in September to focus on building consensus on the trade of goods and services, two people aware of the matter said.
China and Peru have achieved "substantial conclusion of negotiations" on the upgrading of a free trade agreement between both countries.
Indonesia and Peru are aiming to secure their bilateral trade deal this November as both countries seek larger market access outside their continents.
The Ministry of Trade (Kemendag) stated that Indonesia and Peru are committed to immediately starting negotiations on the Indonesia-Peru Comprehensive Economic Partnership Agreement (IP-CEPA).
The International Centre for Settlement of Investment Disputes (ICSID) ruled in favour of Peru in a decade-long dispute with gold dealer Kaloti Metals & Logistics, LLC.
A free-trade agreement between Peru and China, which has been in effect since 2009, protects investments and has allowed increased trade between the countries.
India and Peru recently concluded the seventh round of talks for a proposed free trade agreement that took place in New Delhi, India from April 8 to April 11, 2024.
