Peru and Guatemala Free Trade Agreement Enters Force

A free‑trade agreement between Peru and Guatemala, signed in 2011, became active on July 1 after both governments exchanged the required formal notices. Peru formalised the start date with Supreme Decree 007‑2026, published in the official gazette El Peruano, and a protocol signed in April 2025 updated rules on sanitary standards, services, rules of origin, government procurement and intellectual‑property.

Bilateral trade reached roughly $206‑239 million in 2025, about half of which consists of farm products. Peru’s main exports to Guatemala include fresh grapes, mandarins, palm oil, natural colourants and biscuits, while Guatemala supplies sugar to Peru. The pact eliminates or sharply reduces tariffs on a wide range of goods, aiming to boost market access, diversify supply chains and attract foreign investment to Central America.