Chile Foreign Minister Leads Delegation To Deepen India Ties

15 May 2026 CW Team

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.

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