India and Peru expected to resume free trade agreement talks in June

Monday 11 May 2026 - 08:00

India and Peru are expected to resume negotiations on a proposed free trade agreement in June, according to diplomatic sources, as both countries seek to strengthen economic cooperation and expand trade opportunities.

The discussions are aimed at finalizing a comprehensive trade pact that could enhance bilateral exchanges in key sectors such as mining, manufacturing, agriculture, and technology. Officials involved in the negotiations believe an agreement could potentially be reached before the end of the year.

One of the main areas of interest in the talks is the supply of critical minerals, particularly copper. Peru is one of the world’s largest copper producers, while India’s rapidly growing industrial sector has increased demand for essential raw materials used in infrastructure, electronics, and renewable energy technologies.

The negotiations also reflect India’s broader strategy to secure stable global supply chains for strategic resources. In recent years, Indian authorities have encouraged domestic companies to invest abroad in mining and resource development projects to reduce vulnerability to market disruptions.

Peru, meanwhile, continues to attract significant international investment in its mining sector due to its vast natural resources and strategic position in the global commodities market.

Diplomatic representatives from both countries have expressed optimism about the progress of discussions, emphasizing the importance of stronger economic ties between Latin America and Asia.

Analysts believe a future trade agreement could create new business opportunities, boost exports, and deepen cooperation in sectors linked to energy transition and industrial development.