Context
India and Peru have taken a step closer to finalising a bilateral trade agreement with the successful conclusion of the ninth round of negotiations held in Peru.
About Peru
- Peru, with Lima as its capital, is the third-largest country in South America after Brazil and Argentina. It is located in western South America, just south of the Equator.
- It is bounded by the Pacific Ocean to the west and shares land borders with Ecuador (north), Brazil (east), Bolivia (southeast), and Chile (south).
- Peru is divided into three distinct geographical regions—the Costa (coastal plain), the Sierra (Andean highlands), and the Amazonia (Amazon rainforest).
- The Andes Mountains traverse the country and comprise the Occidental, Central, and Oriental Cordilleras. Mount Huascarán (6,768 m) is Peru’s highest peak.
- Major rivers include the Amazon, Ucayali, and Madre de Dios, while Lake Titicaca, shared with Bolivia, is the world’s highest navigable lake.
- Peru experiences diverse climatic conditions, ranging from arid along the Pacific coast to temperate and frigid in the Andes, and tropical in the Amazon Basin.
- Major natural resources include copper, silver, gold, petroleum, natural gas, iron ore, coal, phosphate, potash, and timber.
