Article: Seeking Profits in Peru

Free Trade Pact Slated to Take Effect This Year, Possibly Boosting Exports

If a free trade agreement with Peru goes into effect as planned this year, Orange County companies could have to learn more than how to exchange a dollar into a nuevo sol to do business with the South American country.

Since Peru is a small trade partner with the U.S. and OC, many companies don't have experience there, said Maria Cameron, U.S. Commerce Department desk officer for Peru and Venezuela in Washington, D.C.

Once implemented, an agreement President Bush signed in December should make it easier for U.S. businesses to export to Peru by lowering taxes on goods and services.

Some local companies are starting to ...

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