The Ministry of Commerce & Industry reports that the 9th Round of India-Peru Trade Agreement negotiations occurred in Lima, Peru, from November 3rd to 5th, 2025. Discussions included Trade in Goods and Services, Rules of Origin, Technical Barriers to Trade, Customs Procedures, Dispute Settlement, and Critical Minerals. H.E. Ms. Teresa Stella Mera Gómez, Minister of Foreign Trade and Tourism of Peru and H.E. Mr. César Augusto Llona Silva, Vice Minister of Foreign Trade attended the closing ceremony. The Indian side was represented by H.E. Shri Vishvas Vidu Sapkal, Ambassador of India to Peru and Shri Vimal Anand, Joint Secretary and Chief Negotiator led the Indian delegation. The next round of negotiations will be held in New Delhi in January 2026. The 3rd Round of India-Chile Comprehensive Economic Partnership Agreement (CEPA) negotiations was held in Santiago, Chile, from October 27th to 30th 2025. Discussions included Trade in Goods and Services, Investment Promotion, Rules of Origin, Intellectual Property Rights, TBT/ SPS measures, Economic Cooperation and Critical Minerals. This release was issued by PIB Delhi on November 6th 2025 at 8:40 AM. The Release ID is 2186809.
Key Entities Referenced
India-Peru Trade Agreement: A trade agreement between India and Peru, aimed at enhancing economic cooperation and deepening trade linkages.
India-Chile Comprehensive Economic Partnership Agreement (CEPA): A comprehensive economic partnership agreement between India and Chile, aimed at enhancing market access, strengthening supply chain resilience, and deepening economic integration.
Ministry of Commerce & Industry: The Indian ministry responsible for formulating and implementing policies related to trade and industry.
Peru: One of the partner countries of India, with whom India has negotiated a trade agreement.
Chile: One of the partner countries of India, with whom India has negotiated a comprehensive economic partnership agreement.
Ministry of Commerce & Industry
India Deepens Trade Engagement with Latin
America
9th Round of India-Peru Trade Agreement and 3rd Round
of India-Chile CEPA Negotiations Successfully Concluded
Posted On: 06 NOV 2025 8:40AM by PIB Delhi
India has successfully concluded two key rounds of trade negotiations with partner countries in Latin
America, underscoring the Government’s commitment to expanding economic cooperation and
deepening trade linkages with the region.
The 9th Round of India–Peru Trade Agreement negotiations was held in Lima, Peru, from 3rd to 5th
November 2025. The discussions witnessed substantive progress across key chapters of the proposed
Agreement including Trade in Goods and Services, Rules of Origin, Technical Barriers to Trade,
Customs Procedures, Dispute Settlement, and Critical Minerals.
The closing ceremony was attended by H.E. Ms. Teresa Stella Mera Gómez, Minister of Foreign
Trade and Tourism of Peru, and H.E. Mr. César Augusto Llona Silva, Vice Minister of Foreign Trade,
along with senior officials. The Indian side was represented by H.E. Shri Vishvas Vidu Sapkal,
Ambassador of India to Peru and the Indian delegation led by Shri Vimal Anand, Joint Secretary and
Chief Negotiator.
In her remarks, Minister Gómez reaffirmed Peru’s commitment to the timely conclusion of the
negotiations, highlighting the complementarity between both economies and expressing optimism that
the Agreement will enhance trade and investment flows. Ambassador Sapkal underlined India’s
sustained growth momentum and noted that the Agreement would create new opportunities for
cooperation in areas such as critical minerals, pharmaceuticals, automobiles, textiles and food
processing.
Both sides agreed to hold intersessional meetings to address pending issues ahead of the next round of
negotiations proposed to be held in New Delhi in January 2026.
Earlier, the 3rd Round of India–Chile Comprehensive Economic Partnership Agreement (CEPA)
negotiations was held in Santiago, Chile, from 27th to 30th October 2025. Discussions covered a
wide range of chapters including Trade in Goods and Services, Investment Promotion, Rules of
Origin, Intellectual Property Rights, TBT/ SPS measures, Economic Cooperation and Critical
Minerals. Both sides reaffirmed their shared commitment to an early and time-bound conclusion of
the CEPA negotiations, which aim to enhance market access, strengthen supply chain resilience and
deepen economic integration.India’s growing trade engagement with Peru and Chile reflects its strategic focus on building stronger
partnerships with the Latin American region through mutually beneficial and comprehensive
economic cooperation frameworks.
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