New Delhi, Nov. 6 -- India has concluded key rounds of trade talks with Peru and Chile, as part of its effort to diversify export markets amid the escalation in US tariffs on Indian goods.

The ninth round of India-Peru Trade Agreement negotiations, held in Lima, Peru, from 3 to 5 November, witnessed substantive progress across key chapters of the proposed agreement, including trade in goods and services, rules of origin, technical barriers to trade, customs procedures, dispute settlement, and critical minerals, said a ministry of commerce and industry statement on Thursday morning.

Peru's minister of foreign trade and tourism Teresa Stella Mera Gómez reaffirmed the Latin American country's commitment to the timely conclusion of the...