The China-Peru Free Trade Agreement, established in 2009, has significantly contributed to job creation in Peru, particularly in the formal sector. Julio Perez Alvan, president of the Peruvian Association of Exporters, highlighted the positive impact of the agreement, emphasizing that it has opened up new opportunities for formal employment across various industries.
Alvan expressed optimism about the future, stating that he hopes to see an increase in Peruvian product exports to China. This expansion not only benefits exporters but also strengthens the economic ties between the two nations, fostering mutual growth and development.
The collaboration under the Free Trade Agreement has enabled Peruvian businesses to access the vast Chinese market, encouraging innovation and competitive excellence. As a result, more Peruvian products are reaching consumers in China, enhancing Peru's presence in the global marketplace.
Reference(s):
China-Peru economic cooperation creates jobs: Peruvian exporter
cgtn.com
