India and Peru enjoy strong bilateral relations grounded in shared values and international cooperation. Situated in the South America, Peru plays a key role in international geopolitics and security. India established diplomatic ties with Peru in 1963, setting the stage for a lasting and multifaceted partnership. India and Peru keep a Embassies in Lima and New Delhi, where each country’s embassy in the other capital ensures smooth diplomatic exchanges. Indias ties with Peru are of Gateway to LatAm, Mineral resources, APEC, Pacific Alliance member, often involving defense cooperation, economic collaboration, cultural exchanges, and shared global security objectives.
ITEC scholarships, university MoUs, IT services forms an important part of India–Peru relations, strengthening knowledge-sharing and capacity building. Covering themes such as Lines of Credit, Export to India, and Indian Companies operating in Peru India Relations, this article is a one-stop reference for GS Mains and PSIR Optional.
Peru India Relations Overview for UPSC |
|
Country Name |
Peru |
Region / Continent |
South America |
Year of Establishment of Ties |
1963 |
Level of Diplomatic Mission |
Embassies in Lima and New Delhi |
Strategic Importance |
Gateway to LatAm, Mineral resources, APEC, Pacific Alliance member |
Major Areas of Cooperation |
Trade, investment, culture, education, IT, space |
Key Bilateral Agreements |
Cultural (1987), Economic Cooperation (2007), Defence (2013) |
Bilateral Trade Volume (Latest FY) |
USD 368 billion (2022-23) |
Top Indian Exports to Partner |
Vehicles, pharmaceuticals, cotton yarn, iron, steel products |
Top Indian Imports from Partner |
Gold, copper ores, concentrates, fertilizers, fish meal |
Technology & Education |
ITEC scholarships, university MoUs, IT services |
Indian Diaspora |
Approx 500-700, professionals, business |
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Initial engagements, including Non-Aligned Movement, Early trade relations, have shaped the trajectory of bilateral ties. PM Indira Gandhi (1968), President Alan Garcia (1987) stand out as milestones in the evolving diplomatic relationship between India and Peru.
Peru India Relations - Establishment of Diplomatic Ties |
|
Initial Engagements |
Non-Aligned Movement, Early trade relations |
High-Level Visits (Historic) |
PM Indira Gandhi (1968), President Alan Garcia (1987) |
Past Conflicts or Tensions |
N/A |
Phases of Engagement |
NAM ties, Post-liberalization trade, Recent diversification |
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The India-Peru relationship is of Gateway to LatAm, Mineral resources, APEC, Pacific Alliance member, with defense collaboration, economic partnerships, cultural interactions, and aligned global security priorities forming key components.
Strategic & Political Cooperation of Peru India Relations |
|
Strategic Importance |
Gateway to LatAm, Mineral resources, APEC, Pacific Alliance member |
Defense Cooperation |
MoU on Defence Cooperation (2013), training exchanges |
Counter-terrorism / Intelligence |
MoU on combating illicit drug trafficking (2018) |
Cyber-security & Tech Sharing |
Emerging area, IT cooperation, digital transformation |
Multilateral Groupings |
UN, NAM, G77, WTO, Peru: APEC, Pacific Alliance |
Energy Cooperation |
Potential in oil, gas exploration, renewable energy |
Space Cooperation |
ISRO-CONIDA MoU, Peaceful uses of space (2015) |
Tourism & Air-Services Agreements |
Air Services Agreement (2018), Tourism promotion |
Taxation Agreements |
DTAA: Under negotiation |
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The total value of goods imported by Peru from India stood at Approx USD 084 billion (2022-23). Several Indian firms such as TCS, Tech Mahindra, pharma companies, mining firms have a business presence in Peru.
Trade and Economic Overview of Peru India Relations |
|
Bilateral Trade Volume (Latest FY) |
USD 368 billion (2022-23) |
Top Indian Exports to Partner |
Vehicles, pharmaceuticals, cotton yarn, iron, steel products |
Top Indian Imports from Partner |
Gold, copper ores, concentrates, fertilizers, fish meal |
Key Bilateral Agreements |
Cultural (1987), Economic Cooperation (2007), Defence (2013) |
Investment Flows (FDI both ways) |
Indian: mining, IT, pharma, Peruvian: food processing, mining machinery |
Joint Economic Commissions / Dialogues |
India-Peru Joint Commission Meeting (JCM) |
Lines of Credit |
N/A |
Export to India (In $) |
Approx USD 284 billion (2022-23) |
Import from India (In $) |
Approx USD 084 billion (2022-23) |
Indian Companies Operating There |
TCS, Tech Mahindra, pharma companies, mining firms |
The diaspora of India and Peru is a driving force behind the improvement of Promoting cultural ties, business linkages, soft power, fostering closer relations. India promotes friendship with other countries by encouraging ICCR scholarships, yoga, Ayurveda promotion, film festivals and cultural visits. India and its partner country support each other in education through programs like ITEC programme, university MoUs, student exchange.
Socio-Cultural & Diaspora Engagement |
|
Indian Diaspora |
Approx 500-700, professionals, business |
Diaspora Remittances |
N/A |
Role of Diaspora |
Promoting cultural ties, business linkages, soft power |
Cultural Exchanges |
ICCR scholarships, yoga, Ayurveda promotion, film festivals |
Education Cooperation |
ITEC programme, university MoUs, student exchange |
Hard Power & Soft Power Instruments |
Defence MoU (Hard), Culture, Yoga, ITEC (Soft) |
The diplomatic relationship between India and Peru is reinforced by EAM Jaishankar (2023), MoS Meenakashi Lekhi (2024) aimed at expanding mutual cooperation. The current diplomatic landscape is shaped by Air Services (2018), Drug Trafficking MoU (2018), whether through renewed dialogue or active MoUs in key domains.
Peru India Relations Recent Developments & Future Outlook |
|
Recent High-Level Visits |
EAM Jaishankar (2023), MoS Meenakashi Lekhi (2024) |
Recent Agreements Signed |
Air Services (2018), Drug Trafficking MoU (2018) |
Ongoing Projects |
Trade Agreement negotiations, capacity building |
Challenges / Issues |
Distance, language barrier, limited awareness, pending Trade Agreement |
Future Prospects |
Trade Agreement finalization, increased trade, diversification, tech collaboration |
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