Chilean President Gabriel Boric met with Prime Minister Narendra Modi at Hyderabad House during his visit to India. This is the first visit by a Chilean president to India in 16 years, symbolizing a new beginning in bilateral relations.
Chile President Gabriel Boric India Visit: Prime Minister Narendra Modi met with Chilean President Gabriel Boric Font at Hyderabad House in Delhi. President Boric is on a five-day visit to India, accompanied by a high-level delegation. This delegation includes ministers, parliamentarians, business leaders, and key figures involved in India-Chile cultural relations. This is President Gabriel Boric's first visit to India, and during this visit, discussions were held on enhancing cooperation between the two countries in various sectors.
India-Chile Trade Relations: A Rainbow of Opportunities
Bilateral trade between Chile and India has significantly increased in recent years. This trade volume increased from ₹1545 crore in 2020 to ₹3843 crore in 2024. PM Modi and President Boric held important discussions aimed at further strengthening this growing trade relationship. Chile, possessing the world's largest lithium reserves, has recently taken steps to deepen its trade relations with India.
Despite exporting 80% of its lithium production to China, the growing relationship between India and Chile suggests potential for increased cooperation in several areas, including lithium, in the future.
India's Move Towards Stronger Partnerships with South American Nations
The Chilean President's visit is considered a significant step towards giving a new dimension to India's relations with South American countries. Recently, Peruvian Foreign Minister, Ana Cecilia Gervasi, also visited India, and both countries agreed to initiate discussions on a free trade agreement. Similarly, there is a possibility of such an agreement with Chile, which would further strengthen relations between India and South America.
