Peru-India study group for FTA likely to form in June-July

Tags: FTA, India, Peru, Economy
A joint study group for Free Trade Agreement between Peru and India is likely to be formed in June-July after the new government takes charge in May, Peruvian ambassador in India Javier Paulinich said.

"A joint study group will be formed after the new government takes charge. The group likely to be formed by June-July," Ambassador of Peru to India said on the sidelines of an interactive session with the Indian Chamber of Commerce.

The joint study group is the first step to begin negotiations for FTA.

Peru has signed 40-odd FTAs across the world including China and the European Union.

Paulinich said with an FTA in place bilateral trade will jump sharply from the current $1.5 billion.

He said Peru began exporting gold to India two years ago and that there are 4-5 gold mines which are keen to offer joint entrepreneurship opportunities to India.

"Currently, direct gold export to India is $250 million and we think with restrictions being relaxed there will be more export," he said.


  • All the debates are glossing over the key question if children are eating healthy food

    For some time now, we have been strapped in noodle debates. First Maggie noodles and now our own swadeshi noodles that Baba Ramdev is making.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Amita Sharma

Smart cities for the smart citizens

The 21st century has been spoken of as the urban ...

Zehra Naqvi

Baby and you

Every person who’s had a chance to be a parent ...

Bubbles Sabharwal

Women of the world, unite for a change

Last week I attended the Women in the World forum ...


William D. Green

Chairman & CEO, Accenture