Negotiations started in 2017; nine rounds had been held by March 2026 and a tenth was planned for January 2026. The Commerce Minister has said conclusion is unlikely soon because of market-access differences.
No agreement in force
India has no trade agreement in force with Peru. Your goods pay Peru's normal (MFN) import duty, apart from the few products in its GSTP schedule.
Negotiations started in 2017; nine rounds had been held by March 2026 and a tenth was planned for January 2026. The Commerce Minister has said conclusion is unlikely soon because of market-access differences.
A preferential scheme among developing countries (signed in Belgrade in 1988). Each participant grants tariff cuts only on the products in its own schedule, so the benefit is narrow; check the partner's GSTP schedule before relying on it. Certificates are issued by the Export Inspection Council.
Agreement texts and tariffs change. Before you ship, confirm the duty and the origin rule for your exact tariff line with your customs broker or the agreement's official text. Last checked 30 Sep 2026.