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.


  • Modi must clearly say that preservation of cows is not about manslaughter

    Instead of in-fighting between hindus and muslims, India should fight poverty and maintain its values of diversity and tolerance, as advised by Presid


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


Urs Schoettli

America lacks will to contain China

Recently both the Chinese leader Xi Jinping and Indian prime ...

Zehra Naqvi

Exercise gets creative juices flowing

Ever known that feeling of being sluggish and drowsy, of ...

Bubbles Sabharwal

You are what you believe yourself to be

The Gita says a man is what his shraddha is. ...


William D. Green

Chairman & CEO, Accenture