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To boost commerce, India-Chile start talks for expansion of trade agreement
Both the countries signed a preferential trade agreement (PTA) on March 8, 2006 and it came into force from August 2007
Govt signs agreement to widen trade pact with Chile
Under the expanded Preferential Trade Agreement, Chile has offered concessions to India on 1,798 tariff lines with Margin of Preference, or rate of concessions, ranging from 30-100%