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India-Peru Trade Agreement

India-Peru Trade Agreement:

The 9th round of India-Peru trade agreement was successfully concluded in Peru.

  • Peru is situated just to the south of the Equator in South America.
  • It is the third largest country in South America, after Brazil and Argentina.
  • Bordering Countries: Ecuador (North), Brazil (East), Bolivia (Southeast) and Chile (South)
  • Bordering Ocean: Its western border lies along the Pacific Ocean.
  • It is characterized by three major regions: the Costa, Sierra, and Amazonia.
  • The Costa is an arid coastal strip along the Pacific Ocean.
  • The Sierra consists of the Andes Mountains, which run through the center of the country.
  • The Andes are divided into three main ranges: the Cordilleras Occidental, Central, and Oriental.
  • Highest Peak: Mount Huascarán (6,768 m)
  • Rivers: Amazon, Ucayali, Madre de Dio
  • It varies from tropical in east to dry desert in west; temperate to frigid in Andes.
  • Natural Resources: Copper, silver, Gold, Petroleum, timber, Iron ore, coal, Phosphate, potash, natural gas.
  • Capital City: Lima.