Peru and China to Expand Free Trade Agreement

Peru’s President Dina Boluarte (L) and Chinese President Xi Jinping shake hands during her visit to Beijing in July. Image: Jade Gao / Pool / AFP

China and Peru will sign an expanded and upgraded version of their free-trade agreement (FTA) which could boost trade between them by 50%.

The new agreement, announced late last week, will be signed during Chinese President Xi Jinping’s visit to the country for the Asia-Pacific Economic Cooperation (APEC) summit. He will reportedly be accompanied by a 400-strong business delegation.

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by Cobus van Staden

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