Relations between Peru and the European Union

Relations between Peru and the European Union (EU) are developed under the 2003 Political Dialogue and Cooperation Agreement, which establishes relations between the EU and the Andean Community (CAN), composed of Bolivia, Peru, Ecuador and Colombia. Also, in recent years, the EU and Peru have promoted links on a bilateral level because of their shared ambition to strengthen and expand their political relations. Now, Peruvians can take advantage of the short term visa-waiver agreement between the European Union and Peru.

In June 2012 economic relations between Peru and the EU took a giant leap forward with the signing of an ambitious, comprehensive Trade Agreement, which has opened their markets into a free trade area, thereby promoting trade and investment. Peru is also part of the Generalised System of Preferences from 2008.

The European Union has various lines of financial and technical cooperation with Peru, including areas such as social protection, innovation and competitiveness, electoral reform, the fight against drugs, reforms within the framework of the OECD (Organisation for Economic Cooperation and Development) roadmap, climate change and human rights. Bilateral cooperation with Peru is governed in accordance with the 2014-2017 Multiannual Indicative Programme, which provides a total of €66 million in non-repayable funding for cooperation.

The European Commission provides also humanitarian aid and civil protection through its directorate-general (ECHO). Aid from the European Commission to Peru focuses on providing emergency responses to natural disasters such as in extreme weather condition and earthquake and preparing communities for future disasters by increasing resilience and preparing the most affected populations and local organisations responsible for disaster management.

• Primary Source

EU: EEAS: Delegation of the European Union to Peru https://eeas.europa.eu/delegations/peru_en

European Commission: DG International Cooperation and Development: Peru https://ec.europa.eu/europeaid/countries/peru_en

European Commission: DG Trade: Policy: Countries and regions: Andean Community http://ec.europa.eu/trade/policy/countries-and-regions/regions/andean-community/

BBC News: Peru Country Profile http://www.bbc.co.uk/news/world-latin-america-19928905

EU: EEAS: Latin America and the Carribean https://eeas.europa.eu/diplomatic-network/latin-america-and-caribbean_en

EU: EEAS: Andean Community and the European Union https://eeas.europa.eu/diplomatic-network/andean-community_en

ESO: Find more information about Peru and its relations with the European Union http://www.europeansources.info/advSearchLink?keyword=Peru%20&searchOption=all

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