It was announced on January 18 that, following Indian Government approval, negotiations could begin on a free trade agreement between India and Peru.Read Full Story
Peru has gazetted legislation to reduce the value-added tax rate by one point to 17 percent from July 1, 2017, provided that revenue reaches 7.2 percent of GDP in the year to May 31, 2017. Read Full Story
China introduced import and export duty changes from January 1 to boost innovation-driven development and put the country's tariff structure "more in line with the needs of international trade development."Read Full Story
The European Parliament has approved proposals to permit Ecuador to accede to the EU's trade agreement with Colombia and Peru. Read Full Story
President-elect Donald Trump has confirmed that, during his first day in office, he will withdraw the United States from the Trans-Pacific Partnership trade treaty.Read Full Story
Ecuador has joined the European Union's free trade agreement with Colombia and Peru, with the deal expected to be provisionally applied from January 1, 2017. Read Full Story
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