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Peru promotes investment, trade and tourism in India

Peru promotes investment, trade and tourism in India

Peru promotes investment, trade and tourism in India

07:00 | Mumbai (India), Jun. 22.

As part of investment, trade and tourism promotion efforts, Peru's Embassy in India recently organized "India-Latin America & Caribbean Partnership Conclave on Trade and Investment," the Foreign Affairs Ministry informed.

The activity was developed in coordination with Latin American and Caribbean diplomatic missions and trade offices, as well as the Indian Industries Association (IIA).

The event served to present Peru's business opportunities in the said fields to Indian Government authorities, business representatives and investors.  

Information provided included national legislation regarding treatment of foreign investment, companies' incorporation process, tariff levels, economic outlooks and existing migration measures. 

It is worth noting the South Asian nation is one of Latin America's leading exports destinations.

LatAm exports to India alone (over US$18 billion) exceed the sum of the region's exports to Japan, Germany, Italy, the UK and France.

On the other hand, Peru ranks as India's third export destination in Latin America and the Caribbean. 

It must be noted Peru-India bilateral trade exceeded US$1.7 billion in 2016.

(END) NDP/DHT/MVB

Published: 6/22/2017