India and Chile have agreed to start negotiations for a comprehensive economic partnership agreement. Prime Minister Modi emphasized the partnership’s potential in critical minerals, agriculture, and defense cooperation. Both leaders are committed to resolving global challenges through dialogue and aim to enhance mutual trade and investment, while fostering cultural exchanges between the nations.
On April 2, 2025, India and Chile initiated discussions for a comprehensive economic partnership agreement during a bilateral meeting between Indian Prime Minister Narendra Modi and Chilean President Gabriel Boric Font. Prime Minister Modi regarded Chile as the “gateway to Antarctica” and emphasized the importance of this partnership in enhancing supply chains, particularly in critical minerals and agriculture for food security.
During the meeting, both leaders agreed to strengthen cooperation in defense, exemplifying their mutual trust. Prime Minister Modi noted the intent to build defense manufacturing and supply chains that cater to the specific needs of both nations. They also pledged to collaborate in tackling common threats, including organized crime, drug trafficking, and terrorism.
President Boric Font highlighted the significance of their historical relations, stating, “Today, we have come to consolidate the seven decades of our relation with India…” This ongoing cooperation will include sharing India’s advancements in various sectors such as digital public infrastructure, renewable energy, railways, and space.
The discussions yielded numerous new initiatives aimed at boosting investment and trade, pinning down untapped potential for synergy in various fields. Both leaders agreed on the necessity of resolving global tensions through dialogue, with a call for reforms in the United Nations Security Council to effectively address international challenges.
Furthermore, cultural exchanges were recognized, with Modi noting the increasing popularity of Indian films in Chile, demonstrating the nations’ acceptance of cultural diversity. The Indian side expressed its eagerness to assist in the training of Chilean military personnel in areas of shared interests, reinforcing the bond between the two countries.
The commencement of negotiations for a comprehensive economic partnership agreement between India and Chile marks a significant step towards strengthening bilateral ties. This collaboration is expected to enhance cooperation across various sectors, ensure food security, foster defense relations, and address global challenges through dialogue. Overall, this initiative embodies a mutual commitment to a prosperous partnership and increased cultural exchange.
Original Source: indianexpress.com
