India-Chile CEPA Talks Expected to Conclude by Year-End, Says Chilean Envoy
Chile is optimistic about concluding the India-Chile Comprehensive Economic Partnership Agreement (CEPA) negotiations by the end of 2025. After three rounds of talks covering over 20 chapters, both countries aim for a balanced agreement to expand trade in goods, services, investment, and critical minerals. The partnership echoes growing India-Latin America economic ties and Chile’s role as a key supplier of food and critical minerals.
Chile expressed optimism that the India-Chile Comprehensive Economic Partnership Agreement (CEPA) negotiations could be concluded by the end of 2025. Chile’s Ambassador to India, Juan Angulo, highlighted the shared values and future interests between the two countries, emphasizing extensive trade potential. Bilateral trade reached about USD 3.6 billion in fiscal year 2024-25. The third round of negotiations took place from October 27 to 30, 2025, in Santiago, addressing various chapters like trade in goods, services, investment promotion, intellectual property, critical minerals, and more. The trade relationship began with a Framework Agreement in 2005, progressing to a Preferential Trade Agreement in 2006 and an expanded version in 2016. The current CEPA talks, initiated in May 2025, seek to widen market access, especially in sectors including critical minerals, technology, and services. Ambassador Angulo noted Chile’s strength as a reliable source of food and minerals, positioning the country to support India’s food and energy security. India's increasing engagement with Latin America, particularly Chile and Peru, reflects its strategic intent to deepen economic cooperation in the region through comprehensive frameworks. Both sides are committed to advancing negotiations in good faith to achieve a balanced and comprehensive trade pact by year-end 2025.
