Building on the achievements of its predecessors, MYPE Competitiva/ATCB and CRECER, the Peru and Andean Trade Capacity Building (PATCB) project is strengthening the human, informational, and institutional resources necessary for trade-induced growth in Peru and the Andean region.
The main goal of the program is to support implementation of the U.S.-Peru Trade Promotion Agreement (USPTA), which entered into force in February 2009. As such, PATCB aims to contribute to Andean countries’ efforts to formalize their economies, simplify regulatory procedures, and become more competitive so that more people can reap the benefits of open trade. To help ensure this, the project will endow Peru with a fully functional management information system, management procedures, and judicial protocols to enforce labor rights; customs and judicial IPR training programs that build capacity to meet IPR obligations; municipalities with simplified procedures for business registration; and shorter clearance times for goods in port.
Reforms in each area will make the private sector more competitive and enable businesses to take advantage of trade opportunities. Similar achievements in the Andean region, including regionally coordinated approaches to IPR enforcement, will improve chances for sustained growth and investment.