The Hon. Steven Ciobo MP, Minister for Trade, Tourism and Investment, and Mr Eduardo Ferreyros, Peruvian Minister for Foreign Trade and Tourism, have signed the Peru-Australia Free Trade Agreement (PAFTA).
This agreement will launch a new chapter in economic relations between Australia and Latin America.
Both countries will now follow their own domestic treaty making processes before PAFTA can enter into force. For Australia, this will include a Joint Standing Committee on Treaties (JSCOT) inquiry. The full text of the agreement is now available at PAFTA text and associated documents.