India-Peru FTA talks to resume after new government takes office

India-Peru FTA talks to resume after new government takes office

India-Peru FTA negotiations will resume post-July 2026, following Peru’s presidential elections and formation of the new government.

What happened?

The negotiations for the proposed India-Peru Free Trade Agreement (FTA), which were expected to conclude by June or July this year, are likely to resume in the second half of 2026 after Peru’s newly-elected government takes office, said Javier Manuel Paulinich Velarde, Peru’s Ambassador to India The negotiations have been delayed following Peru’s recent presidential elections. The new government is scheduled to take office at the end of July and will first need to appoint ministers before resuming trade discussions, he told businessline. “There is interest from both countries to continue the negotiations,” the Ambassador said, expressing optimism that talks would restart once the new administration is in place. So far, nine rounds of negotiations have been completed. The latest round took place nearly a year ago, after which the country’s election campaign slowed progress. The Ambassa...

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