Farmers to win from Peru free-trade deal

Minister for Trade Steven Ciobo has said this week's free-trade agreement deal with Peru is a win for multiple sectors of the Australian economy.

Trade Minister Steven Ciobo

Trade Minister Steven Ciobo says a free-trade agreement with Peru will benefit Australian producers. (AAP)

Australia's agricultural sector is one of the biggest beneficiaries of Australia's latest free-trade agreement with Peru finalised this week, Trade Minister Steven Ciobo says.

Nine in 10 Australian goods will enter tariff-free into Peru, which has been growing at rates of six per cent over the last decade, as a result of the agreement - the negotiations for which only began in May.

"Peru is part of a plethora of countries in Latin America that makes up a fast-growing section of the global economy... We're putting a focus on Latin America," Mr Ciobo told the ABC on Sunday.


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Source: AAP



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