The Singapore-Peru Free Trade Agreement (FTA) entered into force in 2009.
Foreign Trade between Singapore and Peru.
The Singaporean Exports to Peru will benefit from duty-free treatment
upon the entry into force of the Singapore-Peru Free Trade Agreement (87% of total exports products of Singapore to Peru)
Tariffs for the rest of exported products by Singapore to Peru will be eliminated over a ten year period
The Republic of Peru is the 17th largest trading partner of Singapore in
Hispanic America
Singapore is the largest destination for produced exports to Southeast Asia of Peru
Peru belongs to Western Civilization (Hispanic American) and Singapore to Sinic Civilization.