Peru aims for Japan, South Korea trade talks in April
Peru is aiming to complete negotiations on free trade agreements with Japan and South Korea in April, Trade Minister Martin Perez said Friday.
The new round of talks with South Korea will take place in Washington in early April, while the Japan meeting will held the week of April 26 in Tokyo, Perez said, according to state news agency Andina.
“Both Asian nations want this to be the last round” of negotiations, he added.
At the last meeting between Peruvian and South Korean representatives, Seoul offered to lower a proposed tariff on 200 Peruvian products, Perez said.
He said Peru hoped Japan would exclude fewer than 1,000 Peruvian products from the tariff scheme in the economic partnership agreement under negotiation.
Trade negotiations between South Korea and Japan began in March and May of last year, respectively.
Peru said earlier this month that its free trade agreement with China went into effect at the same time as it sealed a similar trade pact with the European Union jointly with Colombia.
It also has free trade agreements with Canada, Singapore and the United States.