Archive · 19 Nov 2025
India Seeks Separate Chapter on Critical Minerals in Peru FTA
India wants a special part in its trade agreement with Peru for important minerals.
Peru is thinking about this and is open to working together.
India thinks Peru's mining could be a good chance for them.
They're trying to finish their trade talk by next summer.
Last year, India and Peru traded things worth USD 6 billion.
India wants a separate chapter on critical minerals in its FTA with Peru
Peru is studying India's proposal and is open to cooperation
India sees opportunity in Peru's mining sector dominated by China
FTA negotiations to be finalized by June-July 2026
Trade between India and Peru reached USD 6 billion in 2024
- Who
- India, Peru
- What
- Negotiating Free Trade Agreement (FTA)
- When
- 2017 (start), 2026 (expected completion)
- Where
- India, Peru
- Why
- To increase trade and cooperation, especially in critical minerals
India's Perspective
Peru's Perspective
Critical Minerals
India's Perspective
Wants a separate chapter in FTA
Peru's Perspective
Open to cooperation, studying the proposal
- Current Trade
- USD 6 billion (2024)
- Target Trade
- USD 7 billion (2025)
- Peru's Mineral Reserves
- Largest in silver, second in copper, third in zinc, fourth in molybdenum, fifth in lead, sixth in gold
- Peru's Exports to India
- Gold, copper, zinc, iron ore
- India's Exports to Peru
- Medicines, cars, manufactured goods