Team Blitz India
NEW DELHI: India and Peru have decided to resume negotiations for a proposed free trade agreement (FTA), said Commerce Secretary Sunil Barthwal.
The two had few rounds of trade talks before the Covid-19 pandemic.
“Post-September, we will start engaging. We will be working out the priority areas,” he said on the sidelines of India-Latin America and Caribbean (LAC) conclave organised by the CII. “If the countries are interested in FTAs, we will also look into possibilities,” he said, adding that Chile is also requesting for a similar agreement.
The Indian government has also welcomed Chile’s interest in pursuing FTA negotiations with India, government sources said. He further said that there was significant scope for expansion of India-LAC bilateral trade and that efforts are on to double the bilateral trade to $100 billion in the coming years.
