NewzVille Desk
India has successfully concluded two key rounds of trade negotiations with partner countries in Latin America, reaffirming the Government’s commitment to strengthening economic cooperation and deepening trade linkages with the region.
The 9th Round of India–Peru Trade Agreement negotiations was held in Lima, Peru, from 3rd to 5th November 2025, marking substantive progress across crucial chapters of the proposed agreement.
Discussions covered areas such as Trade in Goods and Services, Rules of Origin, Technical Barriers to Trade, Customs Procedures, Dispute Settlement, and Critical Minerals.
The closing ceremony was attended by Teresa Stella Mera Gómez, Minister of Foreign Trade and Tourism of Peru, and César Augusto Llona Silva, Vice Minister of Foreign Trade, alongside senior Peruvian officials.
The Indian delegation was represented by Vishvas Vidu Sapkal, Ambassador of India to Peru, and led by Vimal Anand, Joint Secretary and Chief Negotiator.
Both sides agreed to hold intersessional meetings to resolve pending issues ahead of the next round of negotiations, proposed to be held in New Delhi in January 2026.
Earlier, the 3rd Round of India–Chile Comprehensive Economic Partnership Agreement (CEPA) negotiations took place in Santiago, Chile, from 27th to 30th October 2025.
The discussions covered a wide range of topics, including Trade in Goods and Services, Investment Promotion, Rules of Origin, Intellectual Property Rights, TBT/SPS Measures, Economic Cooperation, and Critical Minerals.
Both sides reaffirmed their shared commitment to an early and time-bound conclusion of the CEPA negotiations, aimed at enhancing market access, strengthening supply chain resilience, and deepening economic integration.
India’s growing trade engagement with Peru and Chile underscores its strategic focus on building stronger partnerships with Latin America through mutually beneficial and comprehensive economic cooperation frameworks.
