India is fast-tracking free trade negotiations with Latin American partners : talks with Peru could be concluded latest by the first quarter of 2026. Trade talks with Chile are also advancing, sources told StratNewsGlobal.

An Indian team is expected to leave for Santiago, Chile by the weekend for two days of discussions followed by three days in Lima. Peru appears to be further along in the negotiations.

“The pace of discussions with Peru has picked up after an 18-month pause. If momentum continues, we could see closure by early 2026 or possibly even by the end of this year,” a senior diplomatic source confirmed to StratNewsGlobal.

Peru Talks

The meeting in Lima will mark the eighth round of India–Peru FTA talks. The last round was in New Delhi in April 2024. Sources say many of the

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