The interactive meeting organized by WTC Mumbai in association with the Peruvian Embassy, highlighted opportunities for deepening India-Peru trade and investment ties.Â
H.E. Mr. Javier Manuel Paulinich Velarde, Ambassador of Peru, emphasized Peru's rich cultural heritage, stable economic environment, and extensive natural resources, including vast reserves of gold, silver, and agricultural produce. He invited Indian investments in key sectors such as mining, agriculture, tourism, and fisheries while showcasing Peru’s potential as a gateway for global markets through its 22 free trade agreements.
Mr. Roy Postigo, Trade Specialist, Promperu India, outlined Peru's investor-friendly policies and strategic initiatives like the Chancay Port, which enhances connectivity for exports to Asia. He projected India-Peru trade to grow to USD 5 billion, driven by increased exports of gold and agricultural goods.
Dr. Vijay Kalantri, Chairman, WTC Mumbai, called for doubling bilateral trade by identifying key focus sectors and fostering closer ties through cultural exchange and local currency trade settlements.Â
Capt. Somes Batra, Vice Chairman, WTC Mumbai emphasized Peru’s contrasting landscapes and natural wealth as opportunities for collaboration, particularly in gems, jewelry, and tourism.
The event concluded with a commitment to strengthen economic and cultural relations, including plans for an India-Latin America Economic Conclave.
In Photo:Â H.E. Mr. Javier Manuel Paulinich Velarde, Ambassador of the Republic of Peru (4th from left) being felicitated by Dr Vijay Kalantri, Chairman, WTC Mumbai (3rd from left). Also seen in the photograph are (From left to right): Ms. Rupa Naik, Executive Director, WTC Mumbai; Mr. Roy Postigo, Trade Specialist, Promperu India; Capt. Somesh Batra, Vice Chairman, WTC Mumbai and Ms. Aakruti Bagwe, Director - Operations, WTC Mumbai