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March 31, 2025India interested in investing in Peru’s mining projects, says Desilu Leon
Foreign Trade and Tourism Minister Desilu Leon revealed that Indian businesspeople are interested in investing in Peru’s mining projects.
Within this framework, the Peruvian government official held a meeting with India’s Minister of Commerce and Industry, Piyush Goyal, in which they agreed on resuming negotiations to establish a Free Trade Agreement (FTA).
The minister noted that the FTA with India is of great significance for Peru, as the Asian country represents a market of 1.45 billion people with enormous potential demand for Peruvian exports.
The Mincetur head stated that Peru and India have trade relations, which grew by more than 80% in 2024. Therefore, having an instrument such as an FTA is important for both Peruvian and Indian companies. The FTA will boost bilateral trade with India, which in 2024 exceeded US$5.7 billion, with US$4.7 billion accounted for by Peruvian exports.
“The main products we export to India include gold, which accounted for 89% of our exports to that country, followed by copper, tin, and silver,” Leon said.
