Peru
has urged the Indian businessmen to invest in that country. Briefing a
business meeting in New Delhi today, the visiting Vice Foreign Minister
of Peru Jose Beraun Aranibar said that the country offers excellent
opportunities for investment in energy, agriculture, mining,
petrochemicals and refining sectors.
Mr Aranibar is on a two-day official
visit to India . Secretary (West) in the ministry of External Affairs M
Ganapathi will hold the 4th round of Foreign Office Consultations with
the visiting dignitary tomorrow. Both the sides will be signing two MOUs
on Cooperation in geology and mineral resources and for setting up of a
Centre of Excellence of Information Technology.
Media reports, bilateral trade between India and Peru has
touched a record of 835 million US Dollars last year and is likely to
cross one billion US Dollars this year. There are also significant
Indian investments in Peru particularly in Mining, Hydrocarbons, Pharma
and IT.
Both the sides have always maintained close contacts in
the United Nations and other multilateral fora. Peru supports India’s
claim for permanent membership of an expanded United Nations Security
Council.
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