Australia: Peru-Australia Free Trade Agreement
Peru-Australia Free Trade Agreement (PAFTA) negotiations have now been concluded and the detailed text will be released once the agreement has been signed. PAFTA will provide greater market access for Australian farmers, making them more competitive with U.S. exporters in the Peruvian market. The main agricultural sectors affected by PAFTA are beef, grains, dairy and sugar. Both countries will now follow their own domestic treaty making processes before PAFTA can enter into force.