Free Trade Agreement Honduras - Peru

The Free Trade Agreement between Honduras and Peru entered into force in January 2017. It provides for the gradual elimination of import tariffs for most goods traded between the countries, including: 

• Electric motors, turbines and generators; 
• Mechanical equipment including pumps, appliances, and other advanced machinery; 
• Electric accumulators, transformers, capacitors, batteries; 
• Motor vehicles; 
• Mineral ore, slag and ash; 
• Mineral fuels, oils and other products; 
• Metals and their articles e.g. iron and steel; 
• Semiconductors devices and photovoltaic cells; 

Rules of origin delineated in the Agreement state that goods may benefit from preferential tariff treatment if wholly obtained or having undergone a significant production process in one of the signatory countries, or meeting regional content requirements. 

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