India and Peru Expected to Resume FTA Talks in June, Critical Minerals Cooperation in Focus
India and Peru are expected to resume negotiations on a proposed free trade agreement (FTA) in June 2026, according to Peru’s ambassador to India, with both sides also discussing a critical minerals chapter that includes copper supply cooperation. Hindalco Industries is reportedly in talks to source copper from Peru. Peru is the world’s third-largest copper producer, with output reaching around 2.7 million mt in 2024. As India’s electrification and energy transition demand continue to rise, market attention remains focused on Indian companies securing overseas copper resources and long-term supply chains.