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India-Chile 7th Foreign Office Consultations

India-Chile 7th Foreign Office Consultations 15 september 2021 current affairs:- 7th Foreign Office Consultations Between India and Chile took place in Santiago on September 14, 2021.

Highlights

  • India was represented in Ministry of External Affairs Riva Ganguly das by Secretary (East).
  • Chile was represented by Ms. Carolina Valdivia Torres, Vice-Minister of Foreign Affairs Ministry.
  • Both sides reviewed bilateral relations, including trade & investment, agriculture, defense & health, space, energy and disaster management. They also discussed cultural & consular matters.
  • They also discussed the COVID-19 situation, and ways to improve trade & investment partnerships for post-covid-19 economic recovery.
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Preferential Trade Agreement (India-Chile 7th Foreign Office Consultations current affairs)

  • They emphasized the importance of trade in India-Chile relations, and they were happy with the current negotiations to expand Preferential Trade Agreement.
  • Preferential Trade Agreement was signed in 2006, and it was expanded in 2017.
  • They also exchanged views on international and regional issues of common interest, such as cooperation within the United Nations.
  • They have agreed to collaborate closely in the multilateral arena.

India-Chile Relations (India-Chile 7th Foreign Office Consultations current affairs)

Chile is a gateway to Latin America and the Pacific Alliance for India. It is India’s fifth-largest trading partner in the Latin American region. In 2017, both countries signed the Preferential Trade Agreement to increase trade. Both countries are gaining more bilateral trade. Both countries are also members of the International Solar Alliance. The 70th anniversary of Establishment of Diplomatic Relations in 2019 was celebrated.
Topics: 7th Foreign Office Consultations, Chile, India-Chile Relations, Preferential Trade Agreement
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