U.S.- Peru Trade Promotion Agreement

Remanufactured Equipment

For the first time, U.S. exporters will be able to sell high-quality remanufactured equipment in Peru. Currently, these products face an import ban. Upon implementation of the Agreement, U.S. remanufacturers of many products, such as engines, radiators, and alternators for construction equipment and transportation machinery, will be able to export their products to Peru without non-tariff barriers.   Remanufacturing is a labor-intensive activity that allows the recycling of discarded or used "cores," which are normally the heaviest basic parts, such as an engine or radiator.  The industry employs tens of thousands of U.S. workers.   Under the U.S.-Peru TPA, tariffs on most remanufactured products will be eliminated immediately and tariffs on a small number of products will be phased out over ten years.  This is an excellent opportunity for U.S. exporters of remanufactured equipment.  Best prospects for remanufactured equipment include computers, cellular telephones, construction and medical equipment, and auto parts.