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Peru looks forward to enter into a trade arrangement with India - Ambassador of Peru
Nov 27, 2017
NEW DELHI, 27 November
2017: India and Peru are negotiating a trade agreement to increase
bilateral trade and investment and the second round of discussions are going to
be held in Jan-Feb, 2018 in Peru. In view of this, FICCI and Embassy of Peru in
India organized a Seminar here today. Addressing the seminar Mr. Jorge
Castaneda, Ambassador of Peru to India said Peru looks forward to enter into a
trade arrangement with India to give a boost to two-way trade.
Ambassador while addressing the seminar on "Benefits
of the Trade Agreement between India and Peru - Opportunities in Trade and
Investment", said Peru's economy has risen rapidly and it is becoming
one of the most important markets for investments in Latin America.
Adding to this, Mr. Luis Cabello, Commercial
Counsellor at Embassy of Peru stressed that Peru is an attractive destination
for foreign investors owing to open investment regime and national treatment
for investors. He also mentioned that some Peruvian companies are making
investment in mining, and cyber engineering sector in India. Trade agreement
will help to enhance India�s presence in Latin American market in terms of
trade. He also made a presentation to Indian companies on 'Trade &
Investment Opportunities in Peru'.
Mr. P V Hari Krishna, Director, Ministry
of Commerce & Industry, Govt. of India said that India - Peru Trade
Agreement will be a landmark between two countries which will further
strengthen the bonding between two economies. It is now time to take this
relationship forward.
On this occasion, Ms Ambika Sharma, Director General
(International Affairs), FICCI mentioned that India and Peru are fortunate to
have leaders with a pro-business approach. As India climbs in Ease of Doing
Business under our visionary Prime Minister, it is encouraging to witness the
continuous and intensive trade liberalization initiatives taken by Peru.
FICCI MEDIA DIVISION