Australia-Peru FTA to benefit mining industry

The Minerals Council of Australia (MCA) on Friday welcomed the signing of a free trade agreement (FTA) with Peru, with interim CEO David Byers saying it would create significant new opportunities for Australia’s mining and mining services exports and investment. “The trade deal will immediately eliminate tariffs on Australian minerals commodities exports to Peru, including iron-ore, copper, nickel and coal. It will make our metals manufactures exports more competitive by locking in duty free access for Australian iron, steel and aluminium,” Byers said.