| | PERU: COUNTRY REPORTS ON ECONOMIC POLICY AND TRADE PRACTICE - 1996 (Site not responding. Last check: 2007-11-02) |
 | | Over the past six years, the Peruvian government has implemented a wide-ranging privatization program, strengthened and simplified its tax system, opened the country to foreign investment, and lifted exchange controls and restrictions on remittances of profits, dividends and royalties. |
 | | Peru's flat tariff policy has come under criticism both from industry groups demanding greater protection and from exporters claiming that the duties they have to pay on their imported inputs are too high. |
 | | Because the Peruvian government derives a high proportion of its income from customs duties, the government has been reluctant to make major changes to its tariff policy. |
| www.mac.doc.gov /tcc/data/commerce_html/countries/Countries5/Peru/CountryReports/1996/KeyEconomic.html (2979 words) |