Peru ratified the optimization protocol upgrading its free-trade agreement with China, adding e-commerce, supply-chain and competition provisions.
Trade: Lima
Key Facts
—Ratification. Peru ratified the Optimization Protocol upgrading its free-trade agreement with China through Supreme Decree No. 035-2026-RE.
—Origin. The protocol was signed in Lima in November 2024, during the APEC summit and Chinese President Xi Jinping’s state visit.
—New chapters. The upgrade adds provisions on e-commerce, competition, global supply chains, standards cooperation and the environment.
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