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News | Industry News | Peru and Panama to Launch Free Trade Negotiations

Peru and Panama to Launch Free Trade Negotiations

The governments of Peru and Panama have agreed to begin negotiations for a possible Free Trade Agreement between the two nations.

Trade between Peru and Panama peaked in 2008 with a record high of US$980-million, while Panama sent more than US$1-billion worth of goods to Peru.

Currently Peru exports approximately US$60-million worth of products to Panama, with Panama sending roughly US$1-million to Peru.