“The talks for the second expansion of the agreement are in final stages. About 400 more goods would be covered under the pact,” the official stated.
Goods like lithium and copper ores might come below the ambit of the pact amongst different key gadgets, the official added.
Among Latin American international locations, Chile is among the largest buying and selling companions of India.
India’s bilateral commerce with Chile stood at USD 2.22 billion in 2018-19.
India’s exports to Chile embody transport gear, prescribed drugs, yarn of polyester fibres, tyres and tubes, manufacture of metals, articles of attire, natural/inorganic and agro chemical substances, textiles, readymade clothes, plastic items, leather-based merchandise, engineering items, imitation jewelry, sports activities items and handicraft.
Major gadgets of import from Chile are copper ore and concentrates, iodine, copper anodes, copper cathodes, molybdenum ores and concentrates, lithium carbonates, metallic scrap, chemical substances, pulp and waste paper, fruits and nuts excluding cashews, fertilisers and equipment.