WORLD TRADE  
ORGANIZATION   
G/SCM/N/155/PER 
G/SCM/N/186/PER 
20 December 2012 
 (12-7003) 
Committee on Subsidies and 
Countervailing Measures Original: Spanish 
 
 
 
SUBSIDIES 
 
New and Full Notification Pursuant to Article XVI:1 of the 
GATT 1994 and Article 25 of the Agreement on 
Subsidies and Countervailing Measures 
 
PERU 
  
 The following communication, dated 10 December 2012, is being circulated at the request of 
the delegation of Peru.  
_______________ 
 
 
Peru hereby submits this new a nd full notification in accordan ce with its obligations under 
Article XVI:1 of the General Agreement on Tariffs  and Trade 1994 ("GATT 1994") and Article 25 of 
the Agreement on Subsidies and Counter vailing Measures ("SCM Agreement"). 
  The information in this notification is provided for purposes of transparency.  It should be 
noted that, pursuant to Article 25.7 of the SCM Agreement, notification of these subsidies does not 
prejudge their legal status, effects or natu re under the GATT 1994 or the SCM Agreement. G/SCM/N/155/PER 
G/SCM/N/186/PER Page 2 
 
 
  I. CETICOS OF ILO, MATARANI AND PAITA 
1. Title of the subsidy programme, if relevant, or brief description or identification of the 
subsidy. 
 Centres for export, processing, industry, marketing and services (CETICOS) of Ilo, Matarani 
and Paita. 
 
2. Period covered by the notification.  The period  to be covered by the notification should 
be the most recently completed calendar or fiscal year.  In the latter case, the start and end dates of the fiscal year should be specified. 
 2005-2008 
 
3. Policy objective and/or purpose of the subsidy. 
 To develop the southern (Ilo and Matarani) a nd northern (Paita) zones of Peru by promoting 
private investment in infrastructure fo r goods production and services activities. 
 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted). 
 Legislative Decree No. 842 (as amended by Legislative Decree No. 865) declaring 
the development of the southern zone of Peru  to be of priority interest and creating 
Centres for export, processing, industry, marketing and services (CETICOS) in Ilo, Matarani and Tacna; 
 
 Legislative Decree No. 864 declaring the deve lopment of the northern zone of Peru to 
be of priority interest and creating th e Centre for export, processing, industry, 
marketing and services (CETICOS) in Paita; 
 
 Law No. 26831 amending certain Articles of  Legislative Decrees Nos. 842 and 864 
on tax exemption for enterprises established in the Centres for export, processing, 
industry, marketing and services (CETICOS) of Ilo, Matarani, Paita and Tacna; 
 
 Law No. 28569 granting autonomy to the CETICOS; 
 
 Supreme Decree No. 023-96-ITINCI (and amendments thereto) approving the 
Regulation governing the Ce ntres for export, processing, industry, marketing and 
services (CETICOS), as amended by Supreme Decree No. 005/97/ITINCI; 
 
 Supreme Decree No. 112-97-EF (and amendments thereto) approving the single 
harmonized text of the rules with force of law issued in relation to CETICOS. 
 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.). 
 Tax waivers/exemptions. 
  G/SCM/N/155/PER 
 G/SCM/N/186/PER 
 Page 3 
 
 
  6. To whom and how the subsidy is provided (whether to producers, to exporters, or 
others;  through what mechanism;  whether a fixed or fluctuating amount per unit;  if the latter, how determined). 
 Any Peruvian or foreign natural or legal person w ith the status of a user authorized to engage 
in the permitted activities who enters into a contr act for the assignment for consideration of physical 
space (land) with the general management of the CETICOS or who acquires such property through a 
purchase-sale contract.  
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy. 
Tax expenditure:  General sales tax and selectiv e consumption tax of 0% on used vehicles 
reconditioned or repai red in the CETICOS 
 
 2005 2006 2007 2008 
S/. thousand 188,059 143,690 137,851 176,984 
US$ thousand   57,039   43,875   44,056   60,487 
Exchange rate  3.297 3.275 3.129 2.926 
 
Source: Multiannual macroeconomic framework 2005-2007, 2006-2008, 2007-2009 and 2008-2010, 
Ministry of the Economy and Finance. 
Prepared by the Ministry of Foreign Trade and Tourism. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement. 
 Until 31 December 2012. 
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. 
 Information available for: 
 
Tax expenditure:  General sales tax and selectiv e consumption tax of 0% on used vehicles 
reconditioned or repai red in the CETICOS 
 
 2005 2006 2007 2008 
% of GDP 0.07 0.06 0.05 0.05 
 
Source: Multiannual macroeconomic framework 2005-2007, 2006-2008, 2007-2009 and 2008-2010, 
Ministry of the Economy and Finance. 
Prepared by the Ministry of Foreign Trade and Tourism. 
 
II. TACNA FREE ZONE AND TRADE ZONE - ZOFRATACNA 
1. Title of the subsidy programme, if relevant, or brief description or identification of the 
subsidy. 
 Tacna Free Zone and Trade Zone (created in  March 2002), established on the premises of the 
Tacna CETICOS (created in 1996). 
 G/SCM/N/155/PER 
G/SCM/N/186/PER Page 4 
 
 
  2. Period covered by the notification.  The period  to be covered by the notification should 
be the most recently completed calendar or fiscal year.  In the latter case, the start and end dates of the fiscal year should be specified. 
 2005-2008 
 
3. Policy objective and/or purpose of the subsidy. 
 To develop the southern zone of Peru (T acna) by promoting private investment in 
infrastructure for goods production and services activities.  4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted). 
 Law No. 27688 governing the Tacna Free Zone and Trade Zone; 
 
 Supreme Decree No. 011-2002-MINCETUR approving the Regulations 
implementing the Law governing the Tacna Free Zone and Trade Zone; 
 
 Law No. 28599 amending the Law governing the Tacna Free Zone and Trade Zone 
(as amended); 
 
 Supreme Decree No. 002-2006/MINCETUR appr oving the single harmonized text of 
the Law governing the Tacna Free Zone and Trade Zone. 
 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.). 
 Tax waivers/exemptions. 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or 
others;  through what mechanism;  whether a fixed or fluctuating amount per unit;  if the latter, how determined). 
 Any Peruvian or foreign natural or legal person w ith the status of a user authorized to engage 
in the permitted activities who enters into a contr act for the assignment for consideration of physical 
space with the general management of the ZOFR ATACNA or who acquires such property through a 
purchase-sale contract.  
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy. 
 Information available for:  G/SCM/N/155/PER 
 G/SCM/N/186/PER 
 Page 5 
 
 
   
Tax expenditure:  Income tax exemption for co mpanies incorporated or established in the 
ZOFRATACNA and engaged in industrial, agro-ind ustrial, in-bond processing and services 
activities. 
 
 2005 2006 2007 2008 
S/. thousand n/a 54 12 46 
US$ thousand - 16   4 16 
Exchange rate  - 3.275 3.129 2.926 
 
n/a:  Information not available. 
Source: Multiannual macroeconomic framework 2006-2008, 2007-2009 and 2008-2010, Ministry of 
the Economy and Finance. 
Prepared by the Ministry of Foreign Trade and Tourism. 
 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement. 
 Until 31 December 2042. 
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. 
Tax expenditure:  Income tax exemption for co mpanies incorporated or established in the 
ZOFRATACNA and engaged in industrial, agro-ind ustrial, in-bond processing and services 
activities 
 
 2005 2006 2007 2008 
% of GDP n/a 0.00 0.00 0.00 
 
 n/a:  Information not available. 
Source: Multiannual macroeconomic framework 2006-2008, 2007-2009 and 2008-2010, Ministry of 
the Economy and Finance. 
 Prepared by the Ministry of Foreign Trade and Tourism. 
 
III. PROMOTION OF THE AMAZON REGION 
1. Title of the subsidy programme, if relevant, or brief description or identification of 
the subsidy. 
 Promotion of investment in the Amazon region. 
 2. Period covered by the notification.  The period  to be covered by the notification should 
be the most recently completed calendar or fiscal year.  In the latter case, the start and end dates of the fiscal year should be specified. 
 2005-2008 
 
3. Policy objective and/or purpose of the subsidy. 
 Promotion of the sustained and overall deve lopment of the Amazon region, establishing the 
conditions for public investment and the promotion of private investment. G/SCM/N/155/PER 
G/SCM/N/186/PER Page 6 
 
 
   
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted). 
 Law No. 27037 on the promotion of investment in the Amazon region; 
 
 Supreme Decree No. 103-99-EF (and am endments thereto) approving the 
Implementing Regulations for the tax provisions contained in the Law on the promotion of investment in the Amazon region. 
 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.). 
 Tax waivers/exemptions and app lication of differentiated rates. 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or 
others;  through what mechanism;  whether a fixed or fluctuating amount per unit;  if the latter, how determined). 
 The programme applies solely to enterprises locat ed in the Amazon region, i.e. in the Loreto, 
Madre de Dios, Ucayali, Amazonas and San Martín  regions, as well as in the Amazonian provinces 
and districts of the Ayacucho, Cajamarca, Cuzc o, Huánuco, Junín, Pasco, Puno, Huancavelica, 
La Libertad and Piura regions.  
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy. 
 Information available for: 
 
Tax expenditure for the "Amazo n region" geographical area 
Description of tax benefit  2005 2006 2007 2008 
Exemption from the 
general sales tax S/. thousand 1,519,913 1,691,981 1,829,953 1,781,740 
US$ thousand 460,999 516,635 584,836 608,934 
Differentiated income tax 
rates S/. thousand 25,117 20,728 46,912 60,411 
US$ thousand 7,618 6,329 14,993 20,646 
Exemption from the 
general sales tax and the 
selective consumption tax 
on the sale of fuel by oil companies to marketers 
or end consumers S/. thousand 250,653 222,037 222,457 202,950 
US$ thousand 76,025 67,798 71,095 69,361 
 Exchange rate  3.297 3.275 3.129 2.926 
Source: Multiannual macroeconomic framework 2005-2007, 2006-2008, 2007-2009 and 2008-2010, Ministry 
of the Economy and Finance. 
Prepared by the Ministry of Foreign Trade and Tourism.  G/SCM/N/155/PER 
 G/SCM/N/186/PER 
 Page 7 
 
 
  8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement. 
 The tax benefits are applicable for a period of 50 (fifty) years as of their entry into effect 
(1 January 1999). 
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. 
Tax expenditure for the "Amazon region " geographical area (% of GDP) 
 
Description of tax benefit 2005 2006 2007 2008 
Exemption from the general sales tax 0.62 0.63 0.61 0.50 
Differentiated income tax rates 0.00 0.00 0.00 0.01 
Exemption from the general sales tax and the selective consumption 
tax on the sale of fuel by oil comp anies to marketers or end consumers0.10 0.08 0.08 0.06 
 
Source: Multiannual macroeconomic framework 2005-2007, 2006-2008, 2007-2009 and 2008-2010, Ministry 
of the Economy and Finance. 
Prepared by the Ministry of Foreign Trade and Tourism. 
 
IV. PROMOTION OF AQUACULTURE 
1. Title of the subsidy programme, if relevant, or brief description or identification of 
the subsidy. 
 Promotion and development of aquaculture. 
 
2. Period covered by the notification.  The period  to be covered by the notification should 
be the most recently completed calendar or fiscal year.  In the latter case, the start and 
end dates of the fiscal year should be specified. 
 2005-2008 
 
3. Policy objective and/or purpose of the subsidy. 
 Promotion of aquaculture activities in marine, continental and brackish waters as a source of 
food, employment and revenue, maximizing the econo mic benefits while ensuring environmental and 
biodiversity conservation.  
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted). 
 Law No. 27460 on the promotion and development of aquaculture; 
 
 Supreme Decree No. 030-2001-PE, Regulations implementing the Law on the 
promotion and development of aquaculture. 
 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.). 
 Tax benefits. G/SCM/N/155/PER 
G/SCM/N/186/PER Page 8 
 
 
  6. To whom and how the subsidy is provided (whether to producers, to exporters, or 
others;  through what mechanism;  whether a fixed or fluctuating amount per unit;  if the latter, how determined). 
 Natural or legal persons enga ged in aquaculture activities, which include the farming of 
hydrobiological species in an organized and tech nology-oriented manner in selected, controlled, 
natural, conditioned or artificial e nvironments, during all or part of  their life cycle, in marine, 
continental or brackish waters.  Likewise, persons  engaged in research or the primary processing of 
aquaculture products, including those who undertake, either directly or through third parties, the 
subsequent primary processing, freezing, processing or  packaging of the hydrobiological products of 
their aquaculture activities with a view to  their marketing in Peru or abroad. 
 
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy. 
 Tax expenditure:  Income tax rate of 15% on aquaculture activities 
 
 2005 2006 2007 2008 
S/. thousand 1,600 3,638 6,224 5,550 
US$ thousand 485 1,111 1,989 1,897 
Exchange rate  3.297 3.275 3.129 2.926 
 
Source: Multiannual macroeconomic framework 2005-2007, 2006-2008, 2007-2009 and 2008-2010, 
Ministry of the Economy and Finance. 
Prepared by the Ministry of Foreign Trade and Tourism. 
8. Duration of the subsidy and/or any other time-limits attached to it, including date of 
inception/commencement. 
 Until 31 December 2013. 
 
9. Statistical data permitting an assessment of the trade effects of the subsidy. 
 Tax expenditure:  Income tax rate of 15% on aquaculture activities 
 
 2005 2006 2007 2008 
% of GDP 0.00 0.00 0.00 0.00 
 
Source: Multiannual macroeconomic framework 2005-2007, 2006-2008, 2007-2009 and 2008-2010, 
Ministry of the Economy and Finance. 
Prepared by the Ministry of Foreign Trade and Tourism. 
V. FONDEPES 
1. Title of the subsidy programme, if relevant, or brief description or identification of 
the subsidy. 
 National Fisheries Development Fund (FONDEPES). 
  G/SCM/N/155/PER 
 G/SCM/N/186/PER 
 Page 9 
 
 
  2. Period covered by the notification.  The period  to be covered by the notification should 
be the most recently completed calendar or fiscal year.  In the latter case, the start and end dates of the fiscal year should be specified. 
 2005-2008 
 
3. Policy objective and/or purpose of the subsidy. 
 To foster, implement and provide techni cal, economic and financial support for the 
development of small-scale mar itime and continental fishing a nd of fisheries and aquaculture 
activities, particularly in terms of basic infrastructure for the development and distribution of 
fisheries resources. 
 
4. Background and authority for the subsidy (including identification of the legislation 
under which it is granted). 
 Supreme Decree No. 010-92-PE establishi ng the National Fisheries Development 
Fund (FONDEPES). 
 
5. Form of the subsidy (i.e., gran t, loan, tax concession, etc.). 
 Financing of credit programmes and fina ncial support at preferential rates; 
 
 support services for the small-scale fisheries sector in relation to the use of 
infrastructure and equipment; 
 
 education, training, research, technology transfer and business 
consultancy programmes. 
 
6. To whom and how the subsidy is provided (whether to producers, to exporters, or 
others;  through what mechanism;  whether a fixed or fluctuating amount per unit;  if the latter, how determined). 
 Natural or legal persons engaged in aquaculture and small-scale maritime and 
continental fishing.  
7. Subsidy per unit or, in cases where this is not possible, the total amount or the annual 
amount budgeted for that subsidy. 
 Only certain FONDEPES activities and projects have a subsidy component.  Given that no 
specific information is available on the amount of these subsidy components, the general execution 
of expenditure  in accordance with the FONDEPES budget is provided below. 
  It should be noted that this expenditure incl udes (i) payroll expenditure;  (ii) expenditure 
related to the purchase of goods and services;  (iii) project expenditure;  (iv) financial investment 
expenditure;  and (v) other current a nd capital expenditure;  and is fina nced by:  (i) ordinary resources 
(income from tax revenue and other sources) and (ii) direct resources (income generated and 
administered directly by FONDEPES itself, such as property revenue, fees, provision of services, inter alia ). 
 G/SCM/N/155/PER 
G/SCM/N/186/PER Page 10 
 
 
  Execution of expenditure in acco rdance with the FONDEPES budget 
 
 2005 2006 2007 2008 
FONDEPES 11,018,181 25,432,727 47,230,505 30,363,117 
Paita CEP* 6,017,834 4,717,938 4,323,805 - 
Total (S/.) 17,036,015 30,150,665 51,554,310 30,363,117 
Total (US$) 5,167,126 9,206,310 16,476,290 10,377,005 
Exchange rate  3.30 3.28 3.13 2.93 
 
* The Paita Fisheries Training Centre (CEP) was created in 1989 as a decentra lized public body.  Its objective is 
to design, promote and implement measures to improve training, education, research and technology transfer in 
order to develop the capacities of fishermen, in particul ar small-scale fishermen and their families.  It merged 
with FONDEPES in April 2007. 
 
Source: Economic transparency website of the Ministry of the Economy and Finance. 
 Prepared by the Ministry of Foreign Trade and Tourism. 
 
8. Duration of the subsidy and/or any other time-limits attached to it. including date of 
inception/commencement. 
 Indefinite. 
 9. Statistical data permitting an assessment of the trade effects of the subsidy. 
 Information not available.  
 
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