The Peruvian Success Story
The Peruvian Success Story
How free trade turned a once-struggling economy into a global player.
Trade and investment are vital for a middle-income economy like Peru, which requires access to export markets and a steady supply of external capital flows in order to thrive. Peru’s foreign trade of goods and services measured by value is equivalent to 48 percent of its GDP.1
For over a decade, Peru has sustained an open trade and investment policy aimed at integrating its economy into global markets, with a network of 17 fully fledged free trade agreements (FTAs) that currently cover 95 percent of merchandise trade and account for nearly $80 billion in annual exports...
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