"This report provides an overview of Peru's political, economic, and security conditions and of U.S.-Peruvian relations. As President Ollanta Humala is nearing the end of his five-year term, Peru is preparing to hold national elections for the presidency and the 130-seat unicameral legislature on April 10, 2016. In several recent elections, Peruvians have elected a presidential candidate who surged from far behind in the polls in the final weeks of the campaign--as was the case with President Humala in 2011. The disqualification of two popular candidates, Julio Guzmán and Cesar Acuña, in March 2016 changed the landscape of the race and raised questions regarding the electoral institutions' neutrality and competency. […] Peru and the United States have a strong and cooperative relationship. Several issues in U.S.-Peruvian relations are likely to be considered in decisions by Congress and the Administration on future aid to and cooperation with Peru. The United States supports the strengthening of Peru's democratic institutions, counternarcotics efforts, security and respect for human rights, and environmental protection. A dominant theme in bilateral relations is the effort to stem the flow of illegal drugs, mostly cocaine, between the two countries. In the economic realm, the United States supports bilateral trade relations and Peru's further integration into the world economy. A bilateral free trade agreement (FTA) between the United States and Peru entered into force on February 1, 2009. In addition, both countries are parties to the Trans-Pacific Partnership (TPP) agreement, a proposed FTA with ten other countries."
CRS Report for Congress, R44445
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html