New Delhi: India and Chile are near finalising a social safety settlement that’s anticipated to make it simpler for professionals to work throughout borders and encourage better investments between the 2 international locations, Chile’s Ambassador to India Juan Angulo has stated.

Formal CEPA negotiations between India and Chile started in Could 2025, and several other rounds have taken place since then. The fourth spherical of talks concluded in December 2025, and intersessional discussions are presently underway to resolve pending issues forward of the following spherical.

In December final yr, the Commerce Ministry stated that India and Chile reiterated their robust dedication to the well timed conclusion of the Complete Financial Partnership Settlement (CEPA) negotiations. The ministry acknowledged the strategic significance of additional strengthening bilateral financial ties.

“They underscored that the CEPA, as soon as concluded, would play a pivotal position in boosting bilateral commerce, deepening financial cooperation, enhancing market entry and creating new alternatives for companies in each international locations,” stated the ministry.

This was the fourth spherical of negotiations for the India–Chile CEPA concluded on December 9. The third spherical of India–Chile CEPA negotiations was held in Santiago, Chile, from October 27-30.

Discussions in the course of the third spherical had coated a variety of chapters together with Commerce in Items and Providers, Funding Promotion, Guidelines of Origin, Mental Property Rights, TBT/ SPS measures, Financial Cooperation and Essential Minerals. The Ministry of Exterior Affairs (MEA) stated that India requested Chile to think about long run agreements for provide of mineral assets.

Throughout the assembly, the officers of two nations agreed to diversify bilateral ties in new and rising areas of latest relevance equivalent to Digital Public Infrastructure, innovation and inexperienced vitality. Final yr, India additionally concluded free commerce settlement (FTA) with New Zealand, which anticipated to supply New Zealanders unprecedented entry to 1.4 billion Indian customers.

This historic FTA eliminates and reduces tariffs on 95 per cent of New Zealand’s exports — among the many highest of any Indian FTA — with virtually 57 per cent being duty-free from day one, rising to 82 per cent when totally applied, with the remaining 13 per cent topic to sharp tariff cuts.