Peru Added as 4th Beneficiary to the Andean Trade Preferences Act

On August 12, 1993, President William J. Clinton promulgated an order, designating Peru as the fourth beneficiary under the Andean Trade Preferences Act (ATPA). In a letter dated August 11, President Clinton explained that the designation of Peru will entitle Peruvian products, except those statutorily excluded, to duty-free treatment for a period ending on December 4, 2001. The August 11 letter explained that Peru’s designation will assist Peru in its effort to combat narcotics production and trafficking…[more]