By  on November 25, 2013

GENEVA — Trading partners at a global forum lauded Peru for its trade and investment reforms that include the reduction of its applied tariffs, with average duties for industrial goods declining to 3.1 percent in 2013 from 7.2 percent in 2007.

“The United States commends Peru for the sound economic policies it has implemented since 2007,” Quentin Baird, a member of the U.S. mission to the World Trade Organization, told a two-day review session of Peru’s trade policies this month. “The cornerstone of Peru’s policies has been an open trade and investment regime.”

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