Peruvian Congress Approves US-Peru Trade Pact
28 June 2006
Peru’s outgoing parliament has voted to approve a free trade agreement with the United States.
Six legislators chose not to participate in Wednesday’s vote, which followed hours of debate and a brief protest by elected lawmakers who will take their seats later this year. The protesters interrupted debate by breaking into the room where the parliament was meeting.
Critics of the trade agreement say U.S. competition will damage business for Peruvian producers.
The United States and Peru settled terms for a free trade agreement late last year. The U.S. Congress is expected to debate the issue later this year.
Annual trade between the United States and Peru is valued at nearly $6 billion.
Courtesy of http://www.articles-hub.com
Additional Articles From "Americas"
- Bolivia Plans to Retake Control of Telecom, Electricity, Rail Companies
- Annan Begins Visit to Haiti, Dominican Republic
- Cuba, Venezuela Reject New US Effort Supporting Democracy in Cuba
- Brazilian Defender Roberto Carlos Retires
- Americas Team Texas Armando Montelongo
- Fidel Castro - A Profile
- US Backs Guatemala For UN Security Council Seat
- Bolivia Says It Will Not Compensate Energy Companies
- Pope Benedict XVI Worries About Catholic Church in Venezuela
- Castro #39;s Ill Health Forces Unprecedented Transfer of Power in Cuba
- German Memories - Volga Germans Migration Towards Americas
- Toyota Is Americas 3rd Most Admired Company
- Venezuela Mulls Purchasing Russian Fighter Jets
- NATO Rapid Response Force Conducts Excercise Before Deployment
- Americas Next Top Model Copies No Match for Tyras original
- Tropical Storm Chris Prompts Hurricane Watch for Bahamas
- Cuban Exiles Welcome US Call for Democracy in Cuba
- Russia, Colombia Sign Trade Deal
- Malaria Outbreak in the Bahamas Prompts Screening
- Hurricane Warning Dropped for Tropical Storm Alberto
You must be logged in to post a comment.