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Alabama, Peru strengthen economic ties with agreement

MONTGOMERY, Alabama — A trade memorandum signed today will strengthen economic ties between Alabama and Peru, setting the stage for increased cooperation between the state and the South American nation.

Alabama Governor Robert Bentley and Peru’s Ambassador to the United States, Harold Forsyth, formalized the agreement when they signed a Memorandum of Understanding (MOU) during a ceremony today in the Governor’s Office at the state Capitol.

The memorandum outlines specific areas of collaboration between Alabama and Peru, including trade and investment, agriculture and aquaculture, science and technology, education and cultural affairs, as well as research, innovation, and forestry. The pact between Alabama and Peru comes amid a sharp upswing in two-way trade after a treaty that went into effect in 2009.

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