India and Chile concluded the 4th round of negotiations for the Comprehensive Economic Partnership Agreement (CEPA), led by Commerce and Industry Minister Piyush Goyal and Undersecretary of Finance Claudia Sanhueza.

New Delhi.- The meeting, intense and under constructive interaction, resulted in substantial progress on the chapters under negotiation, Goyal highlighted.

Both sides reiterated their firm commitment to the timely conclusion of the CEPA negotiations and acknowledged the strategic importance of further strengthening bilateral economic ties.

They also underscored that CEPA will play a fundamental role in boosting bilateral trade, deepening economic cooperation, improving market access, and creating new opportunities for businesses in both countries.

India and Chile formally started these negotiations in May 2025, following the signing of the terms of reference during President Gabriel Boric’s visit to this nation in April.

CEPA aims to strengthen bilateral cooperation in digital services, investment, critical minerals, micro, small, and medium-sized enterprises, and other sectors. (PL)