Wire · regulatory
'New vitality': Upgraded China-Peru free trade agreement takes effect
◆ Geography
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Fusion42 · 2 November 2026 · Fusion42 review
China and Peru's upgraded free trade agreement entered force on 1 November 2026, enhancing seven existing chapters and introducing five new provisions covering e-commerce, competition policy, standards, supply chains, and environment. Bilateral trade has grown nearly sevenfold since the original 2010 FTA, from $6.4 billion to $50.4 billion in 2025.
◆ ◆ The Wire takeaway
Peru just cut tariffs and simplified customs for Chinese goods across e-commerce, digital services, and agricultural supply chains. If you source from or sell into Peru, your cost structure and compliance burden shifted this week.
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2 sources · first reported 1 Nov 2026 · latest 2 Nov 2026
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