CHAMBER WANTS PERU SANCTIONS PLAN SCRAPPED

CHAMBER WANTS PERU SANCTIONS PLAN SCRAPPED

The American Chamber of Commerce of Peru said conditions in the U.S.-Peruvian liner trades have so improved that the Federal Maritime Commission can drop a proposed retaliation against Peruvian ocean carriers.

The commission already had delayed implementing an order to cancel the tariffs of Peruvian-flag carriers because of Peru's cargo-reservation system.Changes by Peru in January caused the commission to call off tariff cancellations, originally scheduled for March 7, to allow more time to analyze the changes.

The American Chamber of Commerce - which claims to represent companies with 90 percent, or $3 billion, of the direct U.S. investments in Peru - explained its views in a letter filed with the commission.

The business group said it thinks the conditions that caused the complaints against Peru have been corrected, because access to third-flag carriers has improved and because the Peruvian government has successfully made good faith efforts and continues to do so to accommodate shippers.

It argued that the commission should take no further action, but maintain a stance of careful oversight of conditions in the trade.