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Australia and Peru sign free trade deal

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February 12, 2018

Steve Ciobo will sign a deal giving Australian farmers preferential access to the Peruvian economy.

Australia will sign a new trade deal with Peru that is expected to lead to more local products - including beef, sugar, almonds and dairy - being sold in the South American nation.

Trade Minister Steve Ciobo will sign the pact in Canberra on Monday after it was finalised last November.

He says it will give Australian farmers preferential access to the fast-growing Peruvian economy for the first time.

Supermarkets in Peru were already asking about stocking Aussie beef, he told AAP in a statement, while the access for sugar farmers was more than any other country had achieved over the past two decades.

The deal is also good news for services exports, especially education with Peru agreeing to recognise Australian degrees.

"As Peru's economy grows, so will their need for services," Mr Ciobo said.

"Australia's service providers are now perfectly placed to meet this demand as we've secured the best services commitments Peru has ever offered."

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