India, May 9 -- India will start negotiations for a free trade agreement with mineral-rich Chile from May 26 in New Delhi, the commerce ministry said on Friday, a day after the two countries signed the terms of reference (ToR) for a comprehensive economic partnership agreement (CEPA).

The two countries reiterated their shared vision for strengthening bilateral relations and look forward to fruitful discussion during the first round of talks during May 26-30, in New Delhi, a commerce ministry statement said on Friday.

The ToR was signed by Ambassador of Chile in India Juan Angulo and commerce ministry's joint secretary Vimal Anand, who is also the chief negotiator for India-Chile CEPA negotiations representing the Indian side.

Bilateral...