Republic of Chile Foreign Minister H.E. Mr. Francisco Pérez Mackenna, Leads High-Level Delegation to India to Strengthen Economic and Commercial Cooperation

**Executive Summary** On May 13, 2026, a high-level Chilean delegation led by Foreign Minister Francisco Pérez Mackenna visited India to strengthen bilateral economic and commercial ties. The visit focused on deepening trade and investment cooperation, with a primary commitment to the early conclusion of a Comprehensive Economic Partnership Agreement (CEPA). Both nations identified several priority sectors for collaboration, including renewable energy and critical minerals, to build a future-oriented economic partnership. **Key Points / Main Content** **Trade and Strategic Agreements** * **CEPA Conclusion:** Both countries reaffirmed their commitment to the early conclusion of the Comprehensive Economic Partnership Agreement (CEPA) to unlock the full potential of bilateral relations. * **Institutional Engagement:** Discussions held between the Indian Commerce Secretary and the Chilean Vice-Minister of International Economic Relations focused on trade facilitation, market access, and strengthening institutional economic ties. * **Economic Growth:** Both sides noted the steady growth in India-Chile economic relations and committed to expanding business-to-business engagement. **Sectoral Collaboration and Innovation** * **Priority Sectors:** An India-Chile Business Roundtable identified key areas for collaboration, including critical minerals, renewable energy, and agri-business. * **Diverse Industry Focus:** Opportunities were explored in infrastructure, pharmaceuticals, digital services, logistics, and advanced manufacturing. * **Economic Resilience:** Emphasis was placed on creating resilient supply chains, promoting sustainable development, and increasing private-sector participation. **Bilateral Relations** * **Diplomatic Foundation:** The engagement is built on mutual trust, democratic values, and a shared goal of building a stronger, future-oriented partnership. * **Joint Momentum:** The visit aimed to sustain the momentum of bilateral ties through high-level ministerial discussions and multi-stakeholder interactions. **Impact Analysis** **Governments of India and Chile** **Impact** The visit strengthens diplomatic ties and sets a clear roadmap for finalizing a comprehensive trade agreement. It aligns both nations' policies toward mutual economic growth and sustainable development. **Action Required** Negotiators must finalize the modalities and legal frameworks required for the early conclusion and implementation of the CEPA. **Private Sector and Industry Stakeholders** **Impact** Businesses in both countries gain a platform to explore new market access and investment opportunities in high-growth sectors such as green energy and digital services. **Action Required** Industry leaders should engage with the India-Chile Business Roundtable and explore joint ventures in the identified priority sectors to leverage improved trade facilitation. **Logistics and Manufacturing Sectors** **Impact** These sectors are poised for growth due to the focus on resilient supply chains and advanced manufacturing collaborations. **Action Required** Stakeholders should align their operational strategies with the proposed trade facilitation measures and market access improvements discussed during the bilateral meetings.

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