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The U.S.-Peru Trade Promotion Agreement (PTPA) has led to record food and agricultural product exports for both countries.
On March 14, 2015, Peru’s Ministry of the Environment announced a fine structure for any company in non-compliance with the 10 year moratorium on genetically modified organisms.
Shrimp exports from Peru are estimated at 18, 000 MT in CY 2015, a six-fold increase from 2003 due to strong export demand.
Peru is the largest fishmeal exporter in the world.
U.S. corn exports to Peru sky-rocketed in CY 2014 to a record 1.7 MMT valued at $432 million.
The Andean Community of Nation's (CAN) issued Resolution 1762 on February 8, 2015, establishing that Ecuador is not authorized to impose import safeguards for goods originating from Peru and Colombia.
Peru’s calendar year (CY) 2015 pea and lentil imports are forecast at 73,000 metric tons (MT), up 16 percent compared to 2014.
Despite Peru’s slower economic growth forecast for 2015, the country still offers excellent opportunities for exporters of U.S. food and agricultural products.
During November 2014, FAS Lima facilitated for a major Peruvian lumber importer the release of ten container loads of U.S.-origin southern yellow pine.
The Peruvian Agricultural Innovation Institute has confirmed finding adventitious presence of genetically-modified (GM) corn in one corn field in northern Peru.
Peru is forecast during 2015 to become the world’s leading quinoa exporter with exports reaching 40,000 MT.
FAS Lima coordinated for the American Softwood and the Engineered Wood Associations and accompanying members a series of site visits and meetings with Peruvian lumber importers.