Union Minister of Commerce and Industry Piyush Goyal presided over a significant India-Chile Business Roundtable aimed at strengthening economic partnerships. The event took place in New Delhi on May 13, bringing together key figures, including Chilean Foreign Affairs Minister Francisco Perez Mackenna and Vice-Minister of International Economic Relations Paula Estevez. This assembly provided a platform to investigate opportunities for collaboration between the two nations, particularly in critical sectors.

Minister Goyal took to X (formerly Twitter) to communicate the key points discussed during the roundtable. He highlighted the potential of the partnership in areas such as critical minerals, food processing, healthcare, clean energy, technology transfer, and other emerging fields. His remarks emphasized the promising prospects for bilateral cooperation under the Comprehensive Economic Partnership Agreement (CEPA), which aims to deepen economic ties and create growth opportunities for both nations.

Chaired the India-Chile Business Roundtable alongside H.E. Mr. Francisco Pérez Mackenna, Minister of Foreign Affairs of Chile, Ms. Paula Estévez, Undersecretary of International Economic Relations, and other distinguished business leaders from both nations.

The discussions… pic.twitter.com/si07iloJyS

— Piyush Goyal (@PiyushGoyal) May 13, 2026

Delegation Aims to Cement Ties

The Chilean delegation, led by Minister Francisco Perez Mackenna, is on a focused visit to India from May 9 to 15 to foster economic cooperation. This visit marks a concerted effort to enhance commercial relations and has been characterized by a series of productive discussions. Both countries reaffirmed their dedication to expanding trade and investment, noting ongoing positive trends in their bilateral relations.

The meetings underscored the strong complementarities between the two economies and highlighted the importance of resilient supply chains and sustainable development. The joint commitment to enhancing economic engagement was a recurring theme throughout the sessions, reflecting the shared vision of both nations.

A crucial aspect of the ongoing dialogue focuses on negotiations regarding the CEPA. Both parties acknowledged the significance of this agreement for maximizing their economic partnership, with a strong resolve to expedite its finalization.

Business Roundtable Promotes New Opportunities

The India-Chile Business Roundtable also served to operationalise diplomatic objectives by bringing together business leaders and industry stakeholders from both countries. This session allowed for extensive discussions on new avenues in infrastructure, pharmaceuticals, digital services, logistics, and advanced manufacturing. The gathering illustrated the commitment to explore mutually beneficial initiatives in various sectors.

Additionally, the Commerce Secretary engaged in separate dialogues with Vice-Minister Paula Estevez to discuss matters of trade facilitation and market access. These discussions aimed at fortifying institutional economic engagement between India and Chile, further enhancing the framework for cooperation.

This collaborative effort underscores the sustained momentum between India and Chile in building a future-oriented economic partnership, underpinned by mutual trust and shared objectives. The visit and related engagements stand as a testament to the proactive approach both countries are taking towards fostering robust economic ties.

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