PTPA definition
Examples of PTPA in a sentence
The PTPA includes an environmental cooperation agreement that would provide a framework for undertaking environmental capacity building in Peru and establish an Environmental Cooperation Commission.
A major environmental issue surrounding a possible PTPA is related to U.S. imports of bigleaf mahogany and reports of illegal logging in Peru.
The PTPA also includes provisions for recognizing the importance of protecting biodiversity and procedural guarantees to ensure environmental protection.
The United States and Peru signed the United States-Peru Trade Promotion Agreement (PTPA) on April 12, 2006.
This information is required in connection with claims for preferential tariff treatment under the PTPA and the Act and will be used by CBP to determine eligibility for tariff preference under the PTPA and the Act.
PTPA environmental provisions require each country to enforce domestic environmental laws and establish a policy mechanism to address public complaints that a party is not enforcing its environmental laws, whether or not the failure is trade-related.
The amendments to the text of the PTPA on data exclusivity would grant Peru the period of data protection to be concurrent with the term of protection provided in the United States, which could shorten the time line for allowing generic medicines into the Peruvian market.
Upon the ratification of the PTPA by the U.S. Congress Peruvian (agricultural) trade unions organised large scale protests across the country and in July 2006 the trade unions ‘paralysed’ eight regions in response to the FTA31.
On June 25, 2007, U.S. Trade Representative ▇▇▇▇▇ ▇▇▇▇▇▇ announced that the United States reached an agreement with Peru on a number of legally binding amendments to the PTPA on labor, the environment, and other matters to reflect the bipartisan agreement of May 10.
The PTPA would make the preferential duty treatment for U.S. imports from Peru under the ATPDEA permanent.