India and Chile have commenced discussions for a comprehensive economic partnership agreement, focusing on critical minerals, agriculture, and defense. Prime Minister Modi emphasized collaboration in various sectors including digital infrastructure and renewable energy, while also addressing global challenges and cultural acceptance between the nations.
India and Chile have reached an agreement to initiate discussions on a comprehensive economic partnership agreement following a bilateral meeting between Prime Minister Narendra Modi and Chile’s President Gabriel Boric Font. Prime Minister Modi referred to Chile as the “gateway to Antarctica,” emphasizing the significance of this partnership.
During the meeting, Prime Minister Modi announced that both countries would start working on a mutually beneficial economic partnership, particularly focusing on critical minerals, resilient supply chains, and enhancing cooperation in agriculture to promote food security.
In terms of defense, Modi highlighted the existing cooperation as a testament to mutual trust, aiming to establish defense industrial manufacturing and supply chains tailored to each country’s needs. Furthermore, cooperation will expand to address common challenges such as organized crime and terrorism.
Modi acknowledged Chile’s position as an important partner in Latin America and expressed readiness to share India’s expertise in areas such as digital public infrastructure, renewable energy, railways, and space.
The two leaders signed a Letter of Intent to enhance cooperation related to Antarctica, given Chile’s geographic advantage. President Boric noted the longstanding relationship, citing the importance of consolidating ties established over seven decades.
The discussions also revealed opportunities for increased investment and cooperation in various sectors. Modi emphasized the intention to leverage each other’s agricultural capabilities to reinforce food security and shared India’s positive experiences in diverse sectors.
Both leaders agreed on the importance of resolving disputes through dialogue and acknowledged the necessity for reforms in the United Nations Security Council. Modi pointed out the growing influence of Indian cinema in Chile, reflecting cultural acceptance between the nations.
The Indian delegation expressed interest in training Chilean military personnel in mutually beneficial areas, highlighting the commitment to strengthen bilateral relations further.
The recent agreement between India and Chile to establish a comprehensive economic partnership is poised to enhance cooperation across multiple sectors including agriculture, defense, and digital infrastructure. Both nations recognize the potential for investment growth and have committed to addressing global challenges through collaborative efforts. Their focus on cultural exchanges, notably in film, further underscores the depth of their relationship, showcasing a promising path towards mutual prosperity.
Original Source: indianexpress.com
