| Date: |
04-07-2011 |
| Subject: |
Peru, India To Meet On Investment Protection |
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Peru and India will begin Monday the first round of negotiations for a bilateral investment promotion and protection agreement.
As part of efforts to reach a two-way free trade pact, the talks are to be held in India's capital New Delhi until Wednesday, July 6.
The Peruvian delegation will include representatives from the ministries of finance and foreign trade as well as Peru's private investment promotion agency (ProInversión).
Total bilateral trade between India and Peru in 2009-10 amounted to US$410.95 million, with India’s exports to Peru of the valued of US$274.33 million while India’s imports from Peru amounted to US$ 136.62 million.
Peru's main exports to India are copper and its concentrates, zinc and fish meal; meanwhile the main imports from India are iron and steel laminated products, rubber tyres, three wheelers/motor cycles & parts, pharmaceuticals, organic and inorganic chemicals and yarns.
Source : andina.com.pe
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