Peru`s trade agreement (PETPA, sometimes referred to as Peru`s free trade agreement) came into force on 1 February 2009. Currently, the vast majority of Peruvian products arrive in the United States duty-free and free of charge and will almost all arrive in the United States free of charge until the full implementation of the agreement in 2025. No specific certificate is required for the TPA between the United States and Peru. They may be invited by the Peruvian importer or customs authority to provide information in support of a request for preferential treatment. For more information on what is expected to be contained, please see the certificate-of-origin free trade agreements. Any right to preferences under Peru`s Trade Promotion Agreement must be supported by a certificate of origin attesting to the origin status of the imported product. This link contains a PDF model that shows how to structure such a certificate of origin. The model can be filled in and users can use it. Its use or respect for its structure is by no means mandatory. However, under the applicable rules, all data that is provided must be submitted, at CBP`s request, as part of a preferential tariff application. Note that a bilingual certification is available by the Peruvian government under www.acuerdoscomerciales.gob.pe/index.php?option=com_content&view=category&layout=blog&id=55&Itemid=78. Commodity Field Description 5: Provide a complete description with sufficient detail to link the goods to the description of the invoice and the description of the Harmonized System (SH). If the certificate covers a single delivery, it must also, as far as possible, list the quantity and unit of measurement, including the serial number.
The importer strongly needs the assistance and cooperation of its U.S. suppliers to establish accurate and well-documented declarations of origin. Under the US-Peru Trade Promotion Agreement (TPA), U.S. exports of consumer goods and industrial goods to Peru are no longer subject to tariffs. For agricultural products, tariffs on nearly 90% of U.S. exports have been eliminated and the remaining tariffs will be eliminated by 2026. The TPA also provides favorable access to U.S. service providers, as well as guarantees for the protection of U.S. investors and copyrights, trademarks and patents registered in Peru. In addition, Peru has opened important public procurement contracts for U.S.
bidders. Peru Trade Promotion Agreement (TPA) Text: The full text of the agreement.