Chile Foreign Minister Leads Delegation To Deepen India Ties
ECONOMY & POLICY

Chile Foreign Minister Leads Delegation To Deepen India Ties

A high-level delegation from the Republic of Chile led by Foreign Minister Francisco Pérez Mackenna visited India to pursue enhanced economic and commercial cooperation. The delegation held substantive meetings with the Union Minister of Commerce and Industry, Piyush Goyal, to discuss measures to deepen bilateral trade and investment ties and to promote business-to-business engagement. Both sides noted steady growth in economic relations and reaffirmed their commitment to expanding trade and investment.

The discussions placed particular emphasis on negotiations towards a Comprehensive Economic Partnership Agreement (CEPA), which both governments regard as critical to unlocking the full potential of bilateral commerce. Officials outlined a shared objective to work towards the early conclusion of the CEPA and to address technical modalities that would facilitate market access and trade facilitation. The parties also discussed the need for institutional mechanisms to support ongoing economic cooperation.

The Commerce Secretary held a separate meeting with Paula Estévez, Vice-Minister of International Economic Relations (SUBREI), Government of Chile, to review modalities for advancing the agreement and to explore investment promotion measures. An India-Chile Business Roundtable in New Delhi brought together leading business representatives and industry stakeholders from both countries to identify practical collaboration opportunities. Participants examined cooperation in critical minerals, renewable energy, agri-business, infrastructure, pharmaceuticals, digital services, logistics and advanced manufacturing.

Both sides emphasised complementarities between the Indian and Chilean economies and underlined the importance of resilient supply chains, sustainable development and greater private sector participation in driving bilateral engagement. The visit reinforced longstanding warm relations built on mutual trust and democratic values and it strengthened momentum towards a future oriented economic partnership. Officials indicated that follow up mechanisms and institutional engagements would be prioritised to translate discussions into actionable projects and to encourage private sector investments and joint ventures across priority sectors over the coming months.

A high-level delegation from the Republic of Chile led by Foreign Minister Francisco Pérez Mackenna visited India to pursue enhanced economic and commercial cooperation. The delegation held substantive meetings with the Union Minister of Commerce and Industry, Piyush Goyal, to discuss measures to deepen bilateral trade and investment ties and to promote business-to-business engagement. Both sides noted steady growth in economic relations and reaffirmed their commitment to expanding trade and investment. The discussions placed particular emphasis on negotiations towards a Comprehensive Economic Partnership Agreement (CEPA), which both governments regard as critical to unlocking the full potential of bilateral commerce. Officials outlined a shared objective to work towards the early conclusion of the CEPA and to address technical modalities that would facilitate market access and trade facilitation. The parties also discussed the need for institutional mechanisms to support ongoing economic cooperation. The Commerce Secretary held a separate meeting with Paula Estévez, Vice-Minister of International Economic Relations (SUBREI), Government of Chile, to review modalities for advancing the agreement and to explore investment promotion measures. An India-Chile Business Roundtable in New Delhi brought together leading business representatives and industry stakeholders from both countries to identify practical collaboration opportunities. Participants examined cooperation in critical minerals, renewable energy, agri-business, infrastructure, pharmaceuticals, digital services, logistics and advanced manufacturing. Both sides emphasised complementarities between the Indian and Chilean economies and underlined the importance of resilient supply chains, sustainable development and greater private sector participation in driving bilateral engagement. The visit reinforced longstanding warm relations built on mutual trust and democratic values and it strengthened momentum towards a future oriented economic partnership. Officials indicated that follow up mechanisms and institutional engagements would be prioritised to translate discussions into actionable projects and to encourage private sector investments and joint ventures across priority sectors over the coming months.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code