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The Peru-Australia Free Trade Agreement (PAFTA) entered into force on 11 February 2020.

Source:
Australian Government
Department of Foreign Affairs and Trade

Original publication link

About PAFTA

PAFTA will launch a new chapter in economic relations between Australia and Peru. This trade agreement provides Australian businesses a gateway to Latin America, strengthening our economic relationships within the region and helping facilitate value chains between Americas and Asia.

Peru has been one of the fastest growing economies in Latin America over the last decade. In 2018-19, Australia’s two-way trade with Peru was worth $656 million.

PAFTA enables Australian businesses to take advantage of this growing market and strengthens our economic relationships with Latin America.

By removing certain barriers to trade and investment, PAFTA makes doing business between our two countries easier. Under PAFTA, Australian exporters to Peru gain substantial new trade and investment opportunities. For example, Australian beef, sugar and dairy farmers obtain historic access to the Peruvian market. PAFTA also provides Australian service providers a more transparent and predictable operating environment in Peru, and a platform for both countries to increase the value of our bilateral services trade. Investment commitments in the agreement protect and enhance investment in both directions.

Making the most of the Peru-Australia Free Trade Agreement

To help you make the most of PAFTA, you can read the:

PAFTA outcomes documents that summarise the main outcomes
Guide to using PAFTA to export or import goods
FTA Portal, which is a comprehensive resource for exporters, and importers of goods and service providers looking to explore the benefits of Australia’s free trade agreements.
Doing Business with Peru guide – for more information about doing business in Peru and Peru’s business culture.

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Glauce Raymundo. 

Director

Glauce Raymundo is Brazilian and arrived in Adelaide in 2015. As a psychologist and Yoga instructor, with over 15 years of experience in Brazil, Glauce has been offering free workshops on mental health, mindfulness and meditation for Portuguese speakers in Adelaide, as well as engaging with the Multicultural Communities Council of South Australia in a range of activities, on behalf of the Brazilian community. In 2017, she decided to pursue a Master Degree in Business Administration and Public Health, being invited to teach for Torrens University`s Public Health and Community Services programs. In 2019, having completed her post-graduate qualification, Glauce set up her own counselling practice in Adelaide, while also working as a family educator and counsellor, for the Department of Social Services in South Australia. Over the past year, Glauce remained offering free online workshops on mental health and wellbeing for Portuguese speakers, as well as liaising with a variety of stakeholders on behalf of the Brazilian community in Adelaide. Being passionate about mental health and wellbeing, sustainability and collective effort, Glauce is looking forward to joining LASSA, on behalf of the Latin American community in South Australia.