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Peru: Comment on the Challenges of the Free Trade Agreement with China for its "Optimization"

Author: Paulina Garzón, IISCAL, Published on: 15 July 2019

[Excerpt translation from Spanish to English provided by Business & Human Rights Resource Centre]

 "The challenges of an 'optimized' Peru-China FTA."

 The second round of negotiations for the "optimization" of the Peru-China Free Trade Agreement (Peru-China FTA) was held in Lima from June 17 to 19, as the new FTA between the two countries has been baptized... So far, the official negotiations on the "optimization" of the China-Peru FTA only mention issues related to trade in services, investments, procedures, rules of origin, intellectual property, and electronic commerce; The Las Bambas and Marcona mining projects and data on illegal Chinese fishing in the Peruvian sea demonstrate the urgent need for a comprehensive analysis of the impacts of investments and trade with China if an "optimized" FTA is really to be produced. According to a report by the Collective on Chinese Finance and Investment, Human Rights and Environment (CICDHA) over the past two years, in Las Bambas, a project operated by China Mineral and Metals Group (MMG), 7 states of emergency have been enacted limiting fundamental rights such as freedom of transit and association in order to prevent roadblocks from hindering the exit of minerals to shipping ports.

 

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Related companies: China Minmetals Las Bambas (part of MMG) Minerals and Metals Group (MMG) (part of China Minmetals)