PM Modi meets Chilean prez, discusses ways to enhance cooperation in trade, energy, health

Image
Press Trust of India Buenos Aires
Last Updated : Dec 01 2018 | 12:55 AM IST

Prime Minister Narendra Modi on Friday met Chilean President Sebastian Pinera on the sidelines of the G-20 summit here and discussed ways to enhance cooperation in several areas of mutual interests like trade, energy, agriculture and health.

According to the Indian embassy in Chilean capital Santiago, Indian investment in the country amounts to about USD 216.25 million, while Chile's investment in India amounts to USD 150.54 million.

"Delighted to meet President @sebastianpinera. Chile is a valued partner in Latin America. There is a strong potential to deepen partnership in areas such as trade, agriculture, energy, healthcare as well as science and technology. This augurs well for the people of our nations," Modi tweeted after the meeting.

Several Indian companies, including Jindal Steel Works, TCS, Godrej, Dr Reddy's, Seven Pharma, Wipro Technologies, Tata Motors, Bajaj Auto and Mahindra & Mahindra, are operating in the Chilean market.

"PM @narendramodi had a good meeting with President of Chile Sebastian Pinera on the sidelines of the #G20Summit. Leaders discussed enhancing cooperation in trade & investment, health, space and people-to-people relationship," External Affairs Ministry spokesperson Ravish Kumar also tweeted.

Chile has an estimated Indian population of around 3,000, of which approximately 50 per cent have obtained Chilean nationality. The majority of the Indian-origin people in the Latin American country are from the Sindhi community, according to the Indian embassy in Santiago.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2018 | 12:55 AM IST

Next Story