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India-Chile free-trade agreement talks may begin after Lok Sabha polls

A trade deal with Chile will give India greater access to Latin American region

FTA, Free Trade Agreement, Trade Ties, Deals, Partnership
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Illustration: Ajay Mohanty

Shreya Nandi New Delhi

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India and Chile are expected to start discussions on a free trade agreement (FTA) to boost bilateral economic ties after the Lok Sabha election, said people aware of the matter.

Currently, both countries have a limited trade agreement, also known as a preferential trade agreement (PTA), in place.

The discussions are expected to start after the polls, said one of the persons cited above. A trade deal with Chile will help India get greater access to the Latin American region.

“Demand from India’s key export markets is saturated and that’s why there is a need to focus on new markets,