New Delhi, May 31 -- India and Chile have officially commenced negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking a significant step toward strengthening bilateral trade relations between the two nations.

The Terms of Reference for the agreement were signed on May 8, 2025, following commitments made during previous high-level diplomatic discussions.

The first round of negotiations began on May 26, 2025, with an opening ceremony presided over by Commerce Secretary Sunil Barthwal.

Chilean Ambassador to India Juan Angulo also attended the inaugural event. During his remarks, Barthwal stated that the agreement would facilitate deeper economic partnership and strengthen global value chains connecting both countr...