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Peru Trade Promotion Agreement (TPA)
The Free Trade Agreement negotiated
between the United States and Peru, when implemented, will
create important new opportunities for U.S. pork producers.
U.S. pork producers will gain access to the South American
country’s 28 million consumers. Another important impact of
this agreement is the income growth that accompanies free
trade. Most consumers in Peru currently are at an income
level that does not allow them to consume meat on a regular
basis. Prosperity created by a free trade agreement will
create millions of new customers for U.S. meat and other
agricultural products.
According to Iowa State University economist Dermot Hayes,
the Peru agreement, when fully implemented, will increase
U.S. live hog prices by 83 cents per hog, raising the
profits of the average U.S. pork producer by 7 percent.
Additionally, PTPA is a state-of-the-art agreement that will
be a strong precedent for FTA negotiations with South Korea
and other FTA partners.
Issue Paper
Letter to Congress
Pork Producers Support Free Trade Agreements
USTR Peru Trade Promotion Agreement
Picture of
NPPC meeting with Peruvian Ambassador
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