LIMA, Peru, March 14, 2016 – Agriculture Secretary Tom Vilsack and U.S. Trade Representative Michael Froman announced today that the U.S. government has reached agreement with the government of Peru to remove barriers for U.S. beef exports to Peru that have remained in effect since 2003, opening one of the fastest growing markets in Latin America to all American beef and beef products. In 2015, the United States exported $25.4 million in beef and beef products to Peru. Since the U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in 2009, U.S. beef and beef products have grown substantially but have been hampered due to burdensome certification requirements installed by Peru in 2003. This agreement, reached today during Secretary Vilsack's trade and investment mission to Peru, removes those barriers – called the export verification program – and assures American ranchers of expanded market access.
From: http://www.usda.gov/wps/portal/usda/usdahome?contentid=2016/03/0065.xml&contentidonly=true
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