Peru seeks FTAs with Russia, India, Morocco, South Africa

• Source: Xinhua
• [10:30 July 28 2009]
• Comments

Peru would push for Free Trade Agreements (FTAs) with Russia, India, Morocco and South Africa in 2010, the Foreign Trade and Tourism Ministry said on Monday.

Vice Minister Eduardo Ferreyros said, "in the agenda for future commercial negotiations with Peru, there are very important markets for us, like Russia, India, Morocco and South Africa."

Ferreyros said Peru's focus to date had been on the negotiation of FTAs with the European Union, the Republic of Korea and Japan.

Official statistics showed that the trade exchange between Peru and India in 2008 was of 785.5 million US dollars, of which Peru's exports made up 281.4 million dollars, while India's exports were 504.1 million dollars.

Moroccan ambassador in Lima, Oumama Aouad, said the trade exchange between her country and Peru had grown 400 percent in the past year.