THE PINNACLE OF UNITED STATES-PERU RELATIONS: A SURVEY OF THE MOTIVATIONS FOR AND THE RATIFICATION PROCESS OF THE UNITED STATES-PERU TRADE PROMOTION AGREEMENT
Stephenson, Hollie E.
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On December 14, 2007, President George W. Bush signed the United States Peru Trade Promotion Agreement Implementation Act (H.R. 3688), now Public Law No: 110-138, thus ratifying the United States Peru Trade Promotion Agreement (USPTPA). The objective of this thesis is to survey the environment surrounding the negotiation and ratification of USPTPA and to comment generally on the motivational circumstances for entering into the agreement on the part of both the United States and Peru. The survey includes capturing information on the history of the United States-Peru relationship leading up to present-day, discussing the relevant policies and processes that led up to the USPTPA, summarizing the most relevant content of the USPTPA and how stakeholders participated on behalf of their own interests, and looking at what some of the motivations for undertaking the negotiation and ratification process of the USPTPA might have been. It would seem that, in United States-Peru relations, the entangling of the philosophies of political realism and liberal internationalism in making foreign policy decisions has proved positive. The result, the USPTPA, is a functional (and probably largely positive) mechanism that will have practical and measurable implications for both the United States and Peru, whether or not the political implications are ever fully realized or measured.