The two countries celebrated 55 years of diplomatic ties in Lima yesterday.
During the delegation-level talks, Naidu spoke about India's strength in supply of quality and cost effective generic medicines, information technology, defence equipment, science and technology, and space applications, among others.
Peru's Foreign Minister Nestor Popolizio Bardales said India deserved to be a permanent member of the UN Security Council in line with its size, role and responsibilities in world affairs. He also reiterated Peru's support to India in this regard.
The Peruvian side agreed to consider hassle-free registration of Indian pharma companies for supply of medicines.
Minister of Foreign Trade and Tourism Rogers Valencia Espinoza, while speaking of the potential of bilateral trade between the two countries, said Peru was keen on a Comprehensive Free Trade Agreement with India. He mentioned that two rounds of discussions were already held in this regard and the third round is to be held in Delhi in August. He stressed on the need to conclude this agreement at the earliest for mutual benefit.
Referring to the success of the information technology centre in Peru set up by India, the Peruvian side said more such centres could be started in other parts of the country.
Earlier, during his talks with Peruvian President Martin Vizcarra, Naidu said that 55 years of diplomatic ties between the two countries is an important landmark and it is time to assess the achievements so far to chart out a clear course of action to realise their full potential.
The Peruvian president said his country is closely watching India's progress in different sectors including its transition from an agrarian economy to being an IT leader with strong capacities in science and technology and the space sector.
Sharing India's concerns about terrorism, Vizcarra noted that as terrorism throws up new challenges, the global community has to act together to counter the menace in all its different forms and shapes.
After the delegation-level talks, India and Peru also signed an agreement on cooperation in new and renewable energy.
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