India and Chile are reviving free trade talks—here's why it matters
India and Chile will pick up free trade agreement negotiations this December, aiming to upgrade their 2006 deal.
The new plan? Add digital services, boost investment, and secure easier access for India to Chile's critical minerals—all after wrapping up a fresh round of talks in Santiago.
Why this partnership is a big deal
This isn't just about trade numbers. Chile is India's fifth-biggest trading partner in Latin America, playing a key role in India's push for stronger regional ties.
While India exports cars and medicines to Chile, it imports lots of minerals—especially the ones needed for electronics, auto, and solar tech.
With imports from Chile jumping 72% last year (to $2.6 billion), this upgraded agreement could open doors for both countries' electronics, auto, and solar sectors.