5/30/08

87% of Singapore imports to enter Peru duty free with FTA signing

Some 87 percent of imports from Singapore will enter Peru duty free with the Free Trade Agreement (FTA) signed by Peru's minister of Foreign Trade and Tourism Mercedes Aráoz and the minister of Trade and Industry of Singapore Lim Hng Kiang, in a ceremony carried out at Peru's Government Palace, leaded by the Peruvian president, Alan García.

The FTA agreement was subscribed today by Peru's minister of Foreign Trade and Tourism Mercedes Aráoz and the minister of Trade and Industry of Singapore Lim Hng Kiang, in a ceremony carried out at Peru's Government Palace, leaded by the Peruvian president, Alan García.

Aráoz stressed on the FTA with Singapore will facilitate the purchase of counting edge technology by part of the Peruvian enterprises.

In addition, she said that Singapore is an state city that in the last 40 years has turned into a developed country.

The most outstanding industries of this country are logistics, transport, financial, biotechnology, information technology, among others sectors.

Publication: Andina - English Newswire
Provider: Andina
Date: May 30, 2008

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