The Free Trade Agreement (FTA) between Peru and the European Union contributed to creating 474,261 jobs in the non-traditional exports sector last year, up by 72% over 2012, before said treaty came into force, the Association of Peruvian Exporters (Adex) reported.
According to Adex's Research Center of Economy and International Business, there were 152,838 direct jobs, 69,118 indirect, and 252,305 induced ones.
The iron-steel sector employed 16,549 people (+42%), mainly driven by higher foreign sales of zinc products, copper wires, and raw silver.
Similarly, the textile sector created 21,425 new jobs (-2%) linked to the exports of cotton t-shirts, cotton shirts, and baby clothing.
Traditional shipments
On the other hand, the
traditional exports sector employed 294,002 people (97,105 direct, 30,541 indirect, and 166,356 induced jobs).
(END) ECS/MDV/JAA/MVB