Peru and Bolivia on Thursday signed an agreement ending the trade conflict over imports and exports of agricultural products between the two countries. Among the points agreed by both countries are the restitution of phytosanitary permits and border inspections. According to data from the Agricultural Chamber of the East (CAO), about 30% of oleaginous production goes to Peru. According to the Bolivian Institute of Foreign Trade (IBCE), Peru places in the Bolivian market about 2,000 products, but the country only sells 150. This imbalance generated a trade deficit of more than $ 1 billion for Bolivia over the past six years. Peru pledged to open its market to more Bolivian products.