On May 24, 2017, Peru and Australia launched bilateral negotiations for a Free Trade Agreement (FTA). The first round of negotiations was held in Lima, Peru on July 05-07, 2017. The second round of negotiations took place in Canberra, Australia on August 28-September 02, 2017. A third round of negotiations was held in Lima, Peru on 16-20 October, 2017. Peru and Australia announced the conclusion of the Peru-Australia Free Trade Agreement (PAFTA) negotiations on November 10, 2017. The Peru-Australia Free Trade Agreement was signed on February 12, 2018.

Documents relating to the negotiations
12 February 2018	Canberra, Australia. Peru and Australia sign FTA (PAFTA)
10 November 2017	Da Nang, Vietnam. Peru and Australia conclude negotiations of the Peru-Australia FTA (PAFTA) PAFTA Outcomes: Outcomes at a glance Outcomes: Goods market access Outcomes: Services market access Outcomes: Investment Outcomes: Resources and energy Outcomes: Intellectual Property Outcomes: Education services Outcomes: Professional services Outcomes: Financial services Outcomes: Temporary entry of business persons Outcomes: Trade in the digital age
16-20 October 2017	Lima Peru. Third round of negotiations
28 August - 02 September 2017	Canberra, Australia. Second round of negotiations
05-07 July 2017	Lima, Peru. First round of negotiations
24 May 2017	Peru and Australia launch FTA negotiations
Source: Ministerio de Comercio Exterior y Turismo, Government of Peru; Minister for Trade, Tourism and Investment, Government of Australia

On February 22, 2019, Peru ratified the Peru-Australia FTA through Supreme Decree No. 009-2019-RE. The Free Trade Agreement entered into force on February 11, 2020.

11 February 2020	Peru-Australia Free Trade Agreement enters into force
22 February 2019	Peru ratifies Peru-Australia FTA
Source: Department of Foreign Affairs and Trade, Australia; Ministerio de Comercio Exterior y Turismo, Perú

• Ministerio de Comercio Exterior y Turismo, Gobierno de Peru
• Department of Foreign Affairs and Trade, Australia