U.S. Relations With Peru
More information about Peru is available on the Peru Page and from other Department of State publications and other sources listed at the end of this fact sheet.
The United States established diplomatic relations with Peru in 1827 following Peru’s independence from Spain. In the last decade, Peru has seen consistent economic growth, poverty reduction, and broad support for democracy. The country is a key U.S. partner in Latin America, and the two have strong, positive, and cooperative relations. The United States promotes the strengthening of democratic institutions and human rights safeguards in Peru as well as socially inclusive economic growth based on free trade and open markets. The U.S.-Peru Trade Promotion Agreement (TPA) was signed in 2009.
President Pedro Pablo Kuczynski has been in office since July 2016, and his term expires in July 2021. Two decades of pro-growth macro-economic policy in Peru have yielded unprecedented economic expansion, low inflation, investment-grade status for the country’s debt, and a dramatic drop in poverty rates. Yet many challenges remain. Approximately one quarter of the population continues to live in poverty, the country has made progress on the eradication of illegal coca but remains one of the world’s top producers of cocaine, and social conflicts over natural resources pose serious challenges. Socially inclusive and environmentally sustainable growth remain critical to continued poverty reduction.
U.S. Assistance to Peru
To further strengthen its democracy, combat transnational organized crime, and promote socially inclusive economic growth, the Peruvian government has committed to broaden economic opportunities throughout the nation, as well as to increase the State’s presence in areas susceptible to the influence and control of narco-traffickers, including the Apurimac, Ene and Montaro River Valley . U.S. assistance promotes these objectives through bilateral programs that support Peru’s anti-narcotics and alternative development efforts, advance social and economic inclusion, improve governance, strengthen basic education, and promote sound environmental stewardship.
Bilateral Economic Relations
Economic and commercial ties have deepened with the 2009 entry into force of the U.S.- Peru TPA. The volume and diversity of trade in both directions has grown with two-way trade increasing from $9 billion in 2009 to $14 billion in 2015. Agricultural trade was a bilateral highlight with U.S. exports at $1.1 billion in 2015and Peruvian exports at $1.7 billion. Total U.S. exports to Peru were $8.8 billion in 2015. Approximately 500,000 U.S. citizens visit Peru annually for business, tourism, or study. The United States and Peru concluded Trans-Pacific Partnership (TPP) negotiations to establish a regional trade agreement among 12 countries, and signed the TPP agreement in February 2016.
Peru's Membership in International Organizations
Peru and the United States belong to a number of the same international organizations, including the United Nations, Organization of American States, Asia-Pacific Economic Cooperation forum, International Monetary Fund, World Bank, and World Trade Organization.
Peru maintains an embassy in the United States at 1700 Massachusetts Avenue, NW, Washington, DC 20036; tel. (202) 833-9860.
More information about Peru is available from the Department of State and other sources, some of which are listed here:
Department of State Peru Page
Department of State Key Officers List
CIA World Factbook Peru Page
U.S. Embassy: Peru
USAID Peru Page
History of U.S. Relations With Peru
Human Rights Reports
International Religious Freedom Reports
Trafficking in Persons Reports
Narcotics Control Reports
Investment Climate Statements
Office of the U.S. Trade Representative Countries Page
U.S. Census Bureau Foreign Trade Statistics
Export.gov International Offices Page
Library of Congress Country Studies
Travel and Business Information