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Sugarcane has been the primary crop for more than a century, and in some years it accounts for 85% of exports. Peru's speedy expansion coupled with money transfers and different applications have helped to reduce the national poverty rate by 23 share factors since 2002, but inequality persists and continues to pose a problem for the new Ollanta HUMALA administration, which has championed a coverage of social inclusion and a more equitable distribution of earnings. Saint Martin is reported to have the very best per capita revenue in the Caribbean. San Marino's Government continues to work with Italy to ratify a financial information alternate agreement, seen by companies and buyers as essential to strengthening the economic relationship between the two countries. Peru's free commerce policy has continued underneath the HUMALA administration; since 2006, Peru has signed trade deals with the US, Canada, Singapore, China, Korea, Mexico, Japan, the European Free Trade Association, Chile, and four different countries; concluded negotiations with Venezuela, Costa Rica, and Guatemala; and begun trade talks with two different Central American nations and the Trans-Pacific Partnership.
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