India-Chile CEPA Talks Launched During Boric Visit
Why in the news
Chile’s President Boric visited India, and the two sides agreed to begin talks on a broad trade and investment pact.
Key facts
- Pact under negotiation: Comprehensive Economic Partnership Agreement (CEPA).
- Four agreements signed, including Antarctic cooperation.
- Cooperation areas: trade, critical minerals, agriculture and food security, defence manufacturing, and curbing organised crime and drug trafficking.
- Both back UNSC reform.
Significance
- Scientific foothold toward Antarctica and a stronger Latin America presence for India.
Exam angle
- Agreement type: CEPA.
- Phrase: Chile as gateway to Antarctica.