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Peru, Japan wrap up free trade negotiations

Peruvian President Alan Garcia and Japanese Prime Minister Naoto Kan on Sunday signed a joint declaration to conclude negotiations for a bilateral free trade agreement. The signing ceremony was held at the Pacifico Yokohama Conference in the presence of Peruvian Foreign Minister Jose Antonio Garcia Belaunde, Trade and Tourism Minister Eduardo Ferreyros and Peruvian Ambassador to Japan, Juan Carlos Capuñay. Prior to the announcement of the successful conclusion of negotiations, Garcia Perez held a thirty-minute meeting with Prime Minister Naoto Kan. Tokyo and Lima launched their FTA negotiations in May 2009, following up on an agreement the previous year between then Japanese Prime Minister Taro Aso and Garcia on the sidelines of an APEC summit in Lima. The Economic Partnership Agreement (EPA) with Japan will further strengthen trade and investment ties between the two countries, which will have a direct impact on the prosperity of our country, specifically with regard to economic growth and employment creatio...
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