The negotiations between India and the South American nation Chile, on the proposed comprehensive free trade agreement (FTA) are close to completion. The pact with the South American nation may help India access critical minerals, which are key inputs for electronics, auto, and solar sectors.
The two countries implemented a preferential trade agreement (PTA) in 2006 and are now negotiating to widen its scope for a comprehensive economic partnership agreement (CEPA). CEPA aims to build upon the existing PTA between the two nations and seeks to encompass a broader range of sectors, including digital services, investment promotion and cooperation, MSMEs (micro, small, and medium enterprises), and critical minerals.
The bilateral trade between India and Chile is modest. In 2024-25, India's exports to Chile were down 2.46 per cent to just $1.15 billion. Imports, however, grew 72 per cent to $2.60 billion. The review of FTA in goods with the 10-nation Southeast Asian bloc, Asean, is on and is taking a shape.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: