Negotiations for a Peru-Australia free trade agreement (PAFTA) began in May 2017. The deal was signed on February 12, 2018. The text has been released and a JSCOT inquiry on the implementing legislation reported on August 22, 2018. The implementing legislation is likely to pass and the agreement to be in force by the end of 2018.
Australia and Peru are both part of Trans-Pacific Partnership (TPP-11) negotiations . the Peru FTA i scalimed to give better market access for some Australian exports than could be achieved under the TPP-11.
AFTINET’s submission advocated against including harmful TPP provisions, including clauses that extended monopoly rights on medicines and copyright, restricted other forms of public interest legislation and allowed foreign investors to bypass national courts and sue governments in international tribunals.
- Submission to DFAT on the Peru-Australia free trade agreement (AFTINET, June 2017)
Updated October 2018