<ul><li>India and Chile have concluded the first round of negotiations for a comprehensive free trade agreement between the two countries to deepen economic engagement and trade ties.</li><li>The proposed comprehensive economic partnership agreement (CEPA) aims to expand upon the existing preferential trade agreement (PTA) between India and Chile.</li><li>Bilateral trade between India and Chile is modest, with India's exports to Chile decreasing by 2.46% in 2024-25 to $1.15 billion, while imports grew by 72% to $2.60 billion.</li><li>The CEPA will cover sectors such as digital services, investment promotion, MSMEs, and critical minerals and aims to enhance trade relations between the two nations.</li></ul>

India, Chile Conclude First Round Of Talks For Proposed Comprehensive Trade Pact

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