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U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.
The U.S.-Peru Trade Promotion Agreement (PTPA) has led to record food and agricultural product exports for both countries.
The U.S.-Peru Trade Promotion Agreement’s reduction and elimination of import tariffs on a wide range of U.S. agricultural and food products, has fueled demand for U.S. pet food.