8th round of India-Peru Trade Agreement talks likely in June 2024

The next round of negotiations for the India-Peru Trade Agreement is expected in June, 2024 and will be preceded by intersessional negotiations over video conferences to ensure that outstanding issues are resolved before the two parties meet again.

India and Peru recently concluded the seventh round of talks for a proposed free trade agreement that took place in New Delhi, India from April 8 to April 11, 2024, according to an official release on April 11.

This round of negotiations included discussions on chapters pertaining to trade in goods and services, movement of natural persons, Rules of Origin, custom procedures, dispute settlement and cooperation, among others. Around sixty delegates together from both sides participated in the talks.

While Peruvian Chief Negotiator, Gerardo Antonio Meza Grillo, Director for Asia, Oceania and Africa, Ministry of Foreign Trade and Tourism, Republic of Peru emphasised that the negotiating teams should show flexibility and pragmatism to reach mutual solutions, India's Chief Negotiator and Additional Secretary, Department of Commerce Rajesh Agrawal said, "holding two rounds of negotiation within two months is itself a testimony to the willingness between both the countries to have a deeper economic cooperation" and stressed on the need to fast track talks.