Archive · 20 Jul 2025
India's Trade Talks with Peru and Chile Face China Concerns
India is working on trade deals with Peru and Chile to boost its exports.
The worry is that China might try to send its goods through these countries to avoid trade rules.
India is making sure the goods are really from Peru and Chile.
They are also preparing for the talks, looking at how China has used similar deals in the past.
China already has big trade deals in the region, and India is trying to protect its own trade interests by setting strict rules.
India is negotiating free trade agreements (FTAs) with Peru and Chile.
India is concerned about Chinese goods being rerouted through these FTAs.
Talks with Chile and Peru are scheduled for August.
India wants to ensure goods seeking market access originate from Peru and Chile.
China has a significant trade presence in Latin America, raising concerns.
- Who
- India is the main actor in these negotiations.
- What
- India is negotiating free trade agreements with Peru and Chile.
- When
- The second round of talks with Chile and the eighth round with Peru are scheduled for August.
- Where
- Negotiations involve Peru and Chile in the context of Latin America.
- Why
- India aims to expand exports and diversify its markets, while also protecting against potential misuse of trade agreements.
India's Stance
China's Presence
Trade Interests
India's Stance
India wants to protect its market from Chinese goods being re-routed.
China's Presence
China aims to increase its trade presence and access to markets in Latin America.
- Countries Involved
- India, Peru, Chile, China
- Focus
- Free Trade Agreements (FTAs)
- India's Exports to Latin America (FY25)
- $15.17 billion
- India's Exports to Chile (FY25)
- $1.15 billion
- India's Exports to Peru (FY25)
- $1 billion
- China's Imports from Peru (2024)
- $14.53 billion
- China's Imports from Chile (2024)
- $20.65 billion