Foreign Trade and Tourism Ministry's (Mincetur) Head Edgar Vasquez affirmed Peru is respectful of its commercial commitments to the United States.
In this regard, he stressed the Andean nation fully complies with the
Trade Promotion Agreement (PTPA) signed between the two countries in 2006, which has strengthened their economic relations.
According to the minister, this change does not affect —in any way— the functions or competence of said entity.
"Osinfor continues to be independent and separate in accordance to the obligations assumed on the subject under the United States–Peru Trade Promotion Agreement (PTPA)," he said.
It is worth noting that the Peruvian Government's decision to attach Osinfor to Minam was adopted according to the provisions of the Framework Law on the Modernization of Public Management, thus guaranteeing its independence in accordance with the commitments under the PTPA.
Permanent dialogue
The government official said Peru maintains an open dialogue with U.S. authorities on a permanent basis.
Important
The above-mentioned agreement was signed in Washington D.C. on April 12, 2006, and came into force in February 2009.
On December 31, 2018, Mincetur sent a communication to USTR providing details on Osinfor's attachment to Minam, which can be found
here.
(END) NDP/RMB/MVB
Published: 1/8/2019