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Agro-industry to benefit from Peru-India FTA

This Wednesday, Foreign Trade and Tourism Minister Edgar Vasquez affirmed the agro-industry sector will be the first to benefit from the future Peru-India Free Trade Agreement.

According to Vasquez, the Asian country is one of the largest consumers of legumes. Thus, Peruvian beans and chickpeas have a great positioning opportunity ahead. The same applies to Peruvian fruits such as grapes and mangoes. Likewise, Minister Vasquez indicated products like asparagus, artichokes, and blueberries have potential in that market.

Business rounds
On the other hand, the Foreign Trade and Tourism head recalled the fourth business round with India will take place in Lima.  "This FTA is very important since India is the only big and dynamic market with which we do not have a trade accord by now," he said.  Vasquez also informed two business rounds are scheduled for the first half of the year and the next one would be held in June.

Other FTAs
The official added that the government currently negotiates with other countries in order to strengthen the signed FTAs. Andina.pe quoted him as saying: "[…] For example, we are seeking to reinforce the accord with Argentina, and we are also working on the upgrade of the accord with China.”


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