Chilean Foreign Minister Hopes to Advance Trade Treaty with "Very Important Partner" India

Chilean Foreign Minister Antonia Urrejola met with her Indian counterpart to discuss a trade treaty between the two countries.

Urrejola said that India is a "very important partner" for Chile and that she hopes to advance a trade treaty between the two countries.

The two ministers also discussed other issues, including climate change and the COVID-19 pandemic.

The two countries have a long history of cooperation and are both members of the Asia-Pacific Economic Cooperation (APEC) forum.

In 2019, the two countries signed a memorandum of understanding (MOU) on economic and technical cooperation.

The MOU covers a wide range of areas, including trade, investment, and infrastructure.

India is Chile's second-largest trading partner in Asia.

In 2021, the two countries' bilateral trade was worth US$2.5 billion.

Chile's main exports to India include copper, wood pulp, and wine.

India's main exports to Chile include pharmaceuticals, machinery, and chemicals.

A trade treaty between the two countries could further boost bilateral trade and investment.

The two countries are currently negotiating a trade treaty that would cover goods, services, and investment.

The treaty is expected to be completed in 2023.

Once the treaty is in place, it will provide a framework for the two countries to increase their economic cooperation.

Here are some of the potential benefits of a trade treaty between Chile and India:

• Increased bilateral trade and investment
• Reduced tariffs and other trade barriers
• Increased market access for goods and services
• Improved intellectual property protection
• Enhanced cooperation on trade-related issues

A trade treaty between Chile and India would be a significant step forward in the economic relationship between the two countries.

The treaty would provide a framework for increased trade and investment, and would help to promote economic growth in both countries.