Peru have yet to ratify the CPTPP. See https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptppptpgp/index.aspx?lang=eng 2 Within APEC, the aspiration to establish free and open trade and investment in the Asia-Pacific by 2020 was first stated in the Bogor Goals of 1994, and made specific in the Lima Declaration on FTAAP in 2016. The Lima Declaration envisioned a process "outside of APEC, parallel with the APEC process," of which TPP and RCEP could be potential "pathways" leading to the FTAAP. See https://www.international.gc.ca/trade-commerce/trade-agreements-accordscommerciaux/agr-acc/cptpp-ptpgp/index.aspx?lang=eng.

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