INSUBCONTINENT EXCLUSIVE:
Chilean President Gabriel Boric and Indian Prime Minister Narendra Modi announced formal negotiations for a Comprehensive Economic
Partnership Agreement (CEPA) during bilateral talks in New Delhi this week.The deal aims to replace a limited 2007 trade pact, with both
leaders instructing teams to finalize terms by 2025
Bilateral trade reached $2.6 billion in 2022-23, with Chile exporting $1.44 billion in copper, lithium, and chemicals to India while
and processing expertise.Simultaneously, both nations signed their first Antarctic cooperation agreement, enabling joint climate research
(Photo Internet reproduction)Building on a 2017 expanded trade deal covering 2,800 products, the CEPA negotiations will address nontariff
barriers and sustainable supply chains
defense manufacturing and agricultural technology
The talks follow a 2023 G20 meeting where both leaders prioritized diversifying trade networks amid global instability.Chile currently ranks
commerce, the deal includes cultural initiatives like reciprocal yoga and traditional medicine programs
Technical teams will meet quarterly to advance negotiations, with environmental protections and labor standards forming key discussion
counterbalance dominant global supply chains.
