This report discusses the U.S.-Peru Trade Promotion Agreement (PTPA) and the two types of formal dispute settlement it contains: 1) State-State and 2) investor-State. The report also discusses how the PTPA differs from earlier U.S. Free Trade Agreements (FTAs).

Text describes action on various war fronts: Jap advance lines cut -- U.S. bombers in India -- Jap defeat in China -- Tribute to team work -- Tokyo raid confirmed -- Axis attack forecast -- Subs in St. Lawrence -- Plan relief corps -- WAAC bill passes -- State laws 'brake' war -- Deal at Martinique -- Raid Jap settlements -- Peru's president here -- Freight by plane -- Gas rationing starts -- Indies fliers here -- British announce war casualties -- R.A.F. pushes attacks -- Gort to Malta command -- Mission to Africa -- Spring offensive on -- Norway plant wrecked. Large world map is keyed to text and illustrates time zones around the world. Inset map shows German and Russian advances near the Black Sea. Includes photographs: Lt. Gen. Stillwell -- Vice Pres. Wallace -- Lt. Gen. Somervell -- New bombs piled underground awaiting delivery -- Lord Gort -- Russian troop answer the Nazi assault -- British troops practice street fighting tactics. Includes 1 cartoon.