♤ Negotiations over a PTA have started between India and Peru.

♤ In 2016, PTA between India and Chile was broadened, with Chile offering concessions on some 1,798 tariff lines and India offering concessions on 1,031 tariff lines

♤ India’s inroads have been significant to the extent that in 2016, its exports of pharmaceuticals to Latin America beat China’s volumes. India’s exports were $651 million in comparison to China’s $404 million in 2016.