India, Chile ink terms of reference for comprehensive free trade pact

Quick Summary:

To deepen their economic engagement, both sides expressed their intention to negotiate a CEPA to unlock the full potential of their trade and commercial relationship, boosting employment, facilitating investment promotion, and cooperation and exports, the commerce ministry said.

The two countries implemented a preferential trade agreement (PTA) in 2006 and are now planning to widen its scope for a comprehensive economic partnership agreement (CEPA).

India and Chile on Thursday signed terms of reference (ToRs) to negotiate a comprehensive free trade agreement.

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Article Details

Category: BusinessFinance

Markets: IndiaChile

Topics: Trade relations CEPA Trade negotiations Free trade agreement Investment promotion Terms of reference Bilateral trade Economic cooperation Critical minerals Comprehensive economic partnership MSMEs Digital services

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 18:05:17 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 28493644

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