The Ministry of Foreign Trade and Tourism in Peru has announced that discussions will soon begin with the United Arab Emirates to establish a trade agreement.
At the meeting, Peru’s dedication to the global trade systemThe importance of the country’s accomplishments in fisheries subsidies, agricultural trade reform, e-commerce, and WTO reform, among other areas, was emphasized once again.
In this regard, The state ministers have agreed to start discussions in the upcoming months with the aim of reaching a trade agreement.
According to Mincetur, Peru’s primary trading partner in the Middle East is the UAE., and presents a potential market of 9.4 million potential customers.
Moreover, it added, The United Arab Emirates has an average GDP per person of $52,000.
In addition, the government agency emphasized that The country mentioned imports 90% of the food it requires.
This presents significant prospects for Peruvian exports, particularly in the agricultural industry.
andina
