Overview
- India and Peru concluded the ninth round of trade talks in Lima on November 5 with reported progress across goods, services, rules of origin, TBT/SPS, customs, dispute settlement and a dedicated focus on critical minerals.
- Both sides agreed to intersessional meetings to resolve pending issues and proposed holding the tenth round in New Delhi in January 2026.
- India and Chile finished their third CEPA round in Santiago from October 27–30 covering more than 20 chapters, including investment, IP, TBT/SPS, economic cooperation and critical minerals.
- Chile’s ambassador said the country hopes to complete CEPA negotiations with India by year-end, framing it as an ambition rather than a concluded outcome.
- Officials highlight copper, lithium, molybdenum, silver and gold as priorities, with trade data showing 2024–25 imports of about USD 4.98 billion from Peru and USD 2.60 billion from Chile, and India is pushing for a critical-minerals chapter and reportedly preferential exploration rights with longer-term pricing.