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Peru and China conclude talks for free-trade pact

Published 11/19/2008, 07:10 PM
Updated 11/19/2008, 07:14 PM

LIMA, Nov 19 (Reuters) - Peru and China have successfully concluded talks for a free-trade agreement that will strengthen ties between two of the world's fastest growing economies, Peruvian President Alan Garcia said on Tuesday.

Garcia, at a meeting with Chinese President Hu Jintao, said 10 bilateral accords the countries signed would help facilitate the trade agreement.

The pact would be China's second agreement with a resource-rich country in Latin America, whose exports it needs to fuel a roaring economy.

Hu is visiting Peru as leaders from 21 economies gather this week in Lima for the APEC summit. (Reporting by Chris Buckley; Writing by Dana Ford; Editing by Terry Wade)

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