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1400 GENEVA TIME ( 1200  GMT) 17 OCTOBER 2007  
 
PRESS/TPRB/289 
17 October 2007 
 
(07-4432) 
TRADE POLICY REVIEW: PERU 
Reforms have resulted in sizeable  benefits and should continue 
Peru has continued to liberalize its trade regime which, in the context of other reforms and a 
favourable external environment, helps explain it s robust economic performance since its previous 
Review in 2000 according to a WTO Secretariat report on the trade policies and practices of Peru. 
 However, Peru has also moved away form its largely uniform tariff structure, thus increasing the 
level of effective assistance to some sectors. Additional selective assistance has also been granted 
through several fiscal incentives, some of which are contingent upon the use of domestic inputs or domestic processing requirements, the report says. 
 
According to the report, the current favourable economic environment presents an opportunity to inject greater competition into the domestic market, set up a more uniform incentive structure by 
rationalizing incentive schemes, and consolidating reforms in some services sectors to help reduce 
remaining bottlenecks, in particular those arising from poor infrastructure.  
The WTO report, along with a policy statements by  the Government of Peru, will be the basis for 
the third TPR of Peru by the Trade Policy Revi ew Body of the WTO on 17 and 19 October 2007. 
 
The following documents are available in MS Wo rd format on the WTO web-site. They can be 
downloaded at http://www.wto.org/english/ tratop_e/tpr_e/tp289_e.htm  
 
• Secretariat report 
> Contents and summary observations  > Economic environment  
> Trade and investment regimes  
> Trade policies and practices by measure  > Trade policies by sector  
> Appendix tables  
• Report by the Government of Peru 
• Chairperson’s concluding remarks  
• Minutes of the meeting (available appr oximately six weeks after the meeting). PRESS/TPRB/289 
Page 2 of 2 
 
 
 Note 
Trade Policy Reviews are an exercise, mandated in the WTO agreements, in which member countries’ trade and related policies are examined and evaluated at regular intervals. Significant 
developments that may have an impact on the global trading system are also monitored. For each 
review, two documents are prepared: a policy stat ement by the government of the member under 
review, and a detailed report written independently by the WTO Secretariat. These two documents are then discussed by the WTO’s full membership in  the Trade Policy Review Body (TPRB). These 
documents and the proceedings of the TPRB’s meetings are published shortly afterwards.  
 Print copies of the TPR publications are available for sale from the WTO Secretariat, Centre William 
Rappard, 154 rue de Lausanne, 1211 Genève 21 and through the on-line bookshop at 
https://secure.vtx.ch/shop/boutiques/wto_index_boutique.html  or follow this path :  
www.wto.org >resources > publications > trade policy reviews  
 
The TPR publications are also available from our co-publisher Bernan Press , 4611-F Assembly Drive, Lanham, MD 20706-4391, United States 
Next reviews: 
Organization of Eastern Caribbean States (OECS): 5 and 7 November 2007 
Thailand: 26 and 28 November 2007 
Turkey: 10 and 12 of December 2007 
 For a full list of previous trade policy reviews and the full programme of future reviews go to 
http://www.wto.org/english/trat op_e/tpr_e/tpr_ e.htm#reviews 
or follow this path : www.wto.org > trade topics > trade policy reviews  
 
 
END