India, Peru Eye FTA and Mineral Cooperation
India and Peru are expected to sign a Free Trade Agreement (FTA) by the end of 2025 or early 2026, paving the way for stronger economic and strategic ties between the two nations. The agreement, currently under negotiation, aims to enhance trade flows and reduce tariffs across key sectors.
As part of the growing partnership, Peru has invited Indian companies to invest in its mining sector, particularly in critical minerals such as lithium and copper. The Latin American nation is encouraging joint venture exploration and technological collaborations to facilitate sustainable mineral sourcing and boost bilateral trade in high-demand resources essential for energy transition and digital technologies.
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