India and Chile Advance CEPA Talks and Critical Minerals Collaboration
India, Chile expedite CEPA negotiations and critical minerals cooperation
Image: The Economic Times
Chile's Foreign Minister Francisco Pérez Mackenna visited India to enhance bilateral relations, focusing on the Comprehensive Economic Partnership Agreement (CEPA) and critical minerals cooperation. Both nations aim to finalize CEPA negotiations and explore long-term supply arrangements for critical minerals, reflecting their growing strategic and economic ties.
- 01Chile's Foreign Minister Francisco Pérez Mackenna met with Indian officials, including External Affairs Minister Dr. S. Jaishankar and Commerce Minister Piyush Goyal.
- 02The visit included a business delegation from Chile, aimed at fostering commercial partnerships and investment opportunities in India.
- 03Mackenna visited Bengaluru to engage with the Minister of Electronics and Information Technology and the biotechnology startup center, C-CAMP.
- 04Both countries are committed to concluding CEPA negotiations promptly, aiming for a balanced and forward-looking agreement.
- 05Discussions on critical minerals cooperation highlighted potential long-term supply arrangements and collaboration across the value chain.
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During a recent visit to India, Chile’s Foreign Minister Francisco Pérez Mackenna emphasized strengthening bilateral ties, particularly in the areas of the Comprehensive Economic Partnership Agreement (CEPA) and critical minerals cooperation. Accompanied by a business delegation, Mackenna met with Indian officials, including External Affairs Minister Dr. S. Jaishankar and Commerce Minister Piyush Goyal, to discuss expanding economic partnerships. The meetings underscored the mutual interest in enhancing trade and investment opportunities. Mackenna also visited Bengaluru, where he interacted with local officials and explored innovations at the biotechnology center, C-CAMP. Both nations expressed satisfaction with the progress made in CEPA negotiations, directing their teams to expedite the process towards a balanced agreement. A significant focus of the discussions was on critical minerals, where Chile's resource strengths align with India's increasing demand. The countries explored potential long-term supply arrangements and collaboration across the minerals value chain, including processing and technology partnerships.
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The strengthened partnership may lead to increased trade and investment opportunities for businesses in both countries, particularly in technology and critical minerals.
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