India pushes trade talks with Peru, Chile

India has concluded key rounds of trade talks with Peru and Chile, as part of its effort to diversify export markets amid the escalation in US tariffs on Indian goods.

- Dhirendra Kumar

The ninth round of India-Peru Trade Agreement negotiations, held in Lima, Peru, from 3 to 5 November witnessed substantive progress across key chapters of the proposed pact, including trade in goods and services, rules of origin, technical barriers to trade, customs procedures, dispute settlement, and critical minerals, said a ministry of commerce and industry statement on Thursday morning.

Peru's minister of foreign trade and tourism Teresa Stella Mera G6mez reaffirmed the Latin American country’s commitment to a timely conclusion of the discussions, highlighting the complementarity between both economies and expressing optimism that the deal will boost trade and investment flows.