Committed to conclude trade pact talks this year with Chile: Centre
India and Chile are working to finalize a Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026 to boost bilateral trade. Commerce Secretary Rajesh Agrawal met with Chilean officials to discuss cooperation in sectors like pharmaceuticals, energy, and minerals.
Why it matters
Strengthening trade ties with Chile is part of India's broader strategy to diversify supply chains and expand economic influence in Latin America.
India is committed to conclude negotiations for a comprehensive trade agreement with Chile this year as it would help further strengthen economic ties between the two countries, the Commerce Ministry said on Sunday (August 30, 2026).
Commerce Secretary Rajesh Agrawal was there in Santiago, Chile to review the progress of the talks.
India–Chile CEPA must deliver a balanced and mutually beneficial framework that creates tangible outcomes for businesses on both sides. Commerce Secretary Shri @RajeshAgrawal94 , in his meeting with Ms. Paula Estévez Weinstein, Vice-Minister of International Economic Relations of… pic.twitter.com/tnJilDfu09
The proposed comprehensive economic partnership agreement (CEPA) is expected to open new avenues for greater trade and investment, while fostering cooperation in technology, talent and resilient supply chains.
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