The agreement aims to foster cooperation between the two countries to ensure the supply of commodities and the optimal development of industry and technology.

In a recent interview with Diálogos Mineros, the digital program of the Peruvian Institute of Mining Engineers (IIMP), David Schmidt, Economic Advisor of the German Embassy in Peru, said that the PERUMIN 37 Mining Convention will serve as a platform to rekindle dialogue and collaboration under the Commodity Agreement signed between Germany and Peru in 2014.

"Since 2014, we’ve had a Commodity Agreement with Peru that has been somewhat dormant, but we want to revive it with PERUMIN. And it’s already a fact that at the PERUMIN 2025, we fully intend to open this dialogue," said Schmidt.

He explained that Germany, lacking natural resources, must work with allied countries such as Peru to secure the supply of minerals and other commodities, especially copper, which is essential for technological development.

The agreement provides mechanisms to enhance cooperation between the two countries to ensure the supply of essential inputs and foster the development of industry and technology. It also touches on measures to optimize sustainable practices in order to create opportunities for companies and research institutions to unlock their potential.

Progress for PERUMIN 37

As the Partner Country for PERUMIN 37, the international mining convention to be held in Arequipa from September 22 to 26, 2025, Schmidt said that Germany has finalized its preparations in terms of staffing, finances, and organization. "Everyone is on board—the relevant Ministry, the Embassy, the Chamber of Commerce, several experts, and our machinery and plant association. Everything is in place," he said.

He also highlighted that while Germany had 40 participating companies in the last edition, this number will be exceeded in 2025. Additionally, an official delegation from the German government will attend.

The themes Germany plans to address in its sessions include mineral traceability, decarbonization, critical minerals and rare earths, the use of green hydrogen in mining, automation (a German stronghold), and the remediation of polluted mines and contaminated surface.