Peru launches measures to boost foreign trade
Peru approved measures that seek to improve the competitiveness of companies, streamlined procedures and reduce logistics costs related to foreign trade.
In recent years, Peru has been carrying out measures and actions related to facilitating and expediting its commercial exchange (imports and exports). In this context, the Ministry of Commerce and Tourism of Peru has been approving and implementing measures in this regard. The Peruvian Government launched measures oriented to increase the competitiveness of foreign trade in Peru, including reduction in paperwork and costs. The measures are linked to:
- Customs operability.
- Incentive to use the Anticipated Customs Clearance.
- Ease the Deferred Customs Clearance: numeration of customs declarations will be allowed from arrival of merchandise to the port, it will not be necessary to wait for the ship to unload. This reduces costs and time for merchandise clearance.
- Scope Enlargement of Direct Export Shipment: The Economic Authorized Operator (OEA) will be allowed to go through customs control from the establishment/locations; this enables the merchandise to be shipped directly to the port without going through a temporary deposit. Promoting safe trade, saving time and money.
- The number of operations of customs agents with the status of Authorized Economic Operator (OAS) in a jurisdiction other than the one where they obtained their authorization will be increased. This will allow the availability of customs agencies at national level.
- Courier operability improvement: The period of time used for information to be transmitted by couriers in relation to weight and packages, to the Tax Administration will be shorter, between 2 to 3 hours.
- Promotion of Exporta Facil and its benefits (Exports Easily): The value of goods exported without customs agent and under a simplified procedure is extended from US $ 5,000 to US $ 7,500. This seeks to encourage exports of SMEs.
- Foreign Trade Logistics Observatory: Electronic platform within the Foreign Trade Single Window (VUCE) with tariff information on foreign trade logistics services, with the aim of reducing asymmetry and lack of information transparency.
- Creation of logistics platforms at national level.
- Creation of the National Committee on Trade Facilitation to discuss cross-cutting issues related to trade facilitation and cargo logistics.
- Strengthening the Foreign Trade Single Window (VUCE): The regulatory framework of the VUCE will be updated to enable the implementation of VUCE 2.0, which will rationalize the procedures associated with foreign trade, create new modules to support foreign trade activities and introducing risk management into the operations of regulatory authorities.
- Strengthening of the National Agrarian Health Service (Senasa).
These measures seek to improve customs operations, increase the competitiveness of logistics services, create inter-institutional coordination mechanisms and promote administrative simplification in order to facilitate international trade to and from Peru.