U.S. Relations With Peru
The United States established diplomatic relations with Peru in 1827, six years after Peru’s independence from Spain. The United States and Peru enjoy a strategic partnership based on the shared values and interests of democracy, security, mutually beneficial trade, and human rights. The United States partners with Peru in support of Peru’s aspirations for regional and global leadership, and to continue the fight against transnational criminal organizations, promote economic opportunities for U.S. businesses, and strengthen citizen safety and security. Vice President Mike Pence attended the 2018 Summit of the Americas, which was hosted in Lima.
U.S. Assistance to Peru
The United States and Peru have a strong law enforcement and security relationship. In 2018, International Narcotics and Law Enforcement (INL) Lima celebrated 40 years of bilateral cooperation in the fight against narco-trafficking and organized crime, and collaboration toward the enhanced peace and security of our two nations. The United States provided $85 million in Foreign Assistance funds to Peru in Fiscal Year 2018.
Bilateral Economic Relations
Economic and commercial ties have deepened with the 2009 entry into force of the U.S.-Peru Trade Promotion Agreement (PTPA), a cornerstone of the bilateral relationship. The PTPA sets high standards for both countries on market access, investment safeguards, intellectual property rights, and environmental and labor rights protections. Two-way trade in goods between the United States and Peru has increased from $9.1 billion in 2009 to $17.5 billion in 2018, driving growth and employment in both countries.