ABSTRACT
The return of democracy to Peru opens new opportunities and new challenges for the relationship between Peru and the United States. On November 13, 2000, with an unusually large amount of luggage that was surmised to include lucre as well as “Vladivideos”, Albert Fujimori left Peru for a meeting of the Asia-Pacific Economic Cooperation in Brunei. On October 30, 2001, after a six-month investigation, Peru’s attorney general accused Fujimori of illicit enrichment and embezzlement in the amount of $371,781,872. Alejandro Toledo has indicated his commitment to the full bilateral agenda—not only democracy and human rights, but also security and narcotics cooperation and free-market reform. The Toledo government hopes to place Peru at the forefront of the promotion and defense of democracy in the hemisphere. Peru’s economic growth also depends in part on the reinstatement of the Andean Trade Preferences Act.
