99精品国产自在现线免费

    <p id="xxhh9"></p>
    <address id="xxhh9"></address>
      <span id="xxhh9"></span>

      <thead id="xxhh9"></thead>
      <menuitem id="xxhh9"></menuitem>

            <thead id="xxhh9"><progress id="xxhh9"><ins id="xxhh9"></ins></progress></thead>
            <big id="xxhh9"></big>

              Home / Knowledge / News / Textiles / Peru's CPTPP ratification likely to boost trade with Vietnam

              Peru's CPTPP ratification likely to boost trade with Vietnam

              23
              Jul '21
              Peru’s official ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is likely to boost trade between Vietnam and the South American nation. Vietnamese goods will have more scope to penetrate the Peruvian market in future with the ratification. Trade between both sides increased from $284.96 million in 2014 to $422.73 million in 2019.

              Last year, the value stood at only $391.17 million due to the impact of the COVID-19 pandemic. However, bilateral trade grew strongly in the first half of this year to reach $278.27 million, up by 78.7 per cent year on year.

              According to the Vietnamese ministry of industry and trade, Peru has joined most of international and regional institutions and signed 27 free trade agreements.

              Vietnam’s major exports to Peru include phones and electronic components, computers and electronics, footwear, clinker and cement, garments-textiles and aquatic products. Meanwhile, Peru ships fish powder, antimony and minerals to the Southeast Asian nation.

              Peru has been viewed as a potential market that matches Vietnamese firms’ capacity and scale as up to 75 per cent of Peruvian export and import companies are small and medium ones, according to a report by a Vietnamese news agency.

              Peru has committed to removing up to 81 per cent of tax lines right after the CPTPP comes into force, and 99.4 per cent of tax lines in the 17th year after the deal takes effect.

              The Peruvian Congress recently ratified the CPTPP, which was signed in March 2018, becoming the eighth member country to ratify the deal.

              It will officially take effect in Peru 60 days after the country completes the registration of the ratification with New Zealand, the depository for the TPP.

              Fibre2Fashion News Desk (DS)


              Must ReadView All

              Pic: Shutterstock

              Textiles | On 21st Aug 2021

              Egypt allocates EGP 125.7 bn in FY22 to develop processing industries

              Egypt has allocated EGP 125.7 billion in public investments for the...

              Pic: Shutterstock

              Textiles | On 21st Aug 2021

              Hohenstein America develops new method to quantify GM cotton

              Hohenstein Institute America has developed a quantification method...

              Pic: Shutterstock

              Textiles | On 20th Aug 2021

              Here¡¯s why Uzbekistan¡¯s cotton exports will witness an upward swing

              Cotton exports from Uzbekistan are expected to rise in the coming...

              Interviews View All

              Florian Heubrandner, Lenzing AG

              Florian Heubrandner
              Lenzing AG

              Cannot see the world breaking away from cotton & polyester

              Gaurav Davda, Jindal Worldwide Ltd

              Gaurav Davda
              Jindal Worldwide Ltd

              Indian MMF sector to become globally competitive

              Textile Industry, Head honchos

              Textile Industry
              Head honchos

              The pandemic has reinstated need for organised retail spaces in Tier II...

              Barry Goodwin,

              Barry Goodwin

              UK based Amba Projex Ltd designs, manufactures, and installs industrial...

              Nantas Montonati,

              Nantas Montonati

              The Riri Group is a one-stop supplier of metal accessories for the luxury...

              Noemi Sanchez,

              Noemi Sanchez

              Established since 1846, Evlox is a specialised denim manufacturer with its ...

              Kevin Young & Tom Lucas, Web Industries

              Kevin Young & Tom Lucas
              Web Industries

              Web Industries is a precision formatter of nonwoven materials used in baby ...

              Sven Ghyselinck, Devan Chemical

              Sven Ghyselinck
              Devan Chemical

              Headquartered in Belgium and with offices in the United Kingdom, Portugal...

              Jacques Prigneaux, EDANA

              Jacques Prigneaux
              EDANA

              EDANA has been the leading global association and voice of the nonwovens...

              Ruma Devi, Gramin Vikas Evam Chetna Sansthan

              Ruma Devi
              Gramin Vikas Evam Chetna Sansthan

              <b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

              Sarah Denise Cordery, Sarah Denise Studio

              Sarah Denise Cordery
              Sarah Denise Studio

              Manchester, England-based Sarah Denise Studio provides relevant fashion...

              Megha Kumari & Jigar Mali, Label Megha & Jigar

              Megha Kumari & Jigar Mali
              Label Megha & Jigar

              New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

              Press Release

              Press Release

              Letter to Editor

              Letter to Editor

              RSS Feed

              RSS Feed

              Submit your press release on


              editorial@fibre2fashion.com

              Letter To Editor






              (Max. 8000 char.)

              Search Companies





              SEARCH

              Leave your Comments


              August 2021

              Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


              Advanced Search



              99精品国产自在现线免费

                <p id="xxhh9"></p>
                <address id="xxhh9"></address>
                  <span id="xxhh9"></span>

                  <thead id="xxhh9"></thead>
                  <menuitem id="xxhh9"></menuitem>

                        <thead id="xxhh9"><progress id="xxhh9"><ins id="xxhh9"></ins></progress></thead>
                        <big id="xxhh9"></big>