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Vice President Naidu holds talks with top leadership of Peru

Press Trust of India  |  Lima 

Vice M Venkaiah has held extensive talks with the top leadership of during his visit here, as the two countries marked 55 years of diplomatic relations.

The Peruvian leadership resolved to significantly enhance trade relations with as it acknowledged that can learn and benefit from the success story of

The two countries celebrated 55 years of diplomatic ties in yesterday.

During the delegation-level talks, 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.

Peruvian Cesar Villanueva Bardales, leading a delegation of four ministers and senior officials noted that is a and could benefit from the same.

Peru's said India deserved to be a of the in line with its size, role and responsibilities in world affairs. He also reiterated Peru's support to India in this regard.

suggested that the could enable India's companies to set up production facilities for generic medicines in Peru.

The Peruvian side agreed to consider hassle-free registration of Indian pharma companies for supply of medicines.

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 in August. He stressed on the need to conclude this agreement at the earliest for mutual benefit.

Referring to the success of the 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 Martin Vizcarra, 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 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

Peru is a founder member of the which was launched by at the 2015 UN climate change conference in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 12 2018. 12:05 IST