India begins to strengthen commercial ties with the world’s most populous country: Chile summit | Economy

by time news

our country officially inaugurated it “Chile Summit India 2024”An activity that seeks to strengthen economic ties with India, and which is the first of its kind with the Asian power.

Although today is the second day of this meeting launch With the presence of the delegation led by the Minister of Foreign Affairs, Alberto Van Klaveren; the Minister of Agriculture, Esteban Valenzuela; and the Director General of ProChile, Ignacio Fernández.

It was in The Taj Mahal Hotel in New Delhi The officials shared with the attendees the challenges and opportunities in commercial exchange with India.

Chile Summit India 2024

according to ProChile ManagerLas Exports to that country – not copper or lithium – will be worth US$560 million in 2023While only in the first seven months of this yearThe figure has already been reached US$459 million,

Provided to RBB

Fernández also said that, in the case of food, shipments increased by almost 1.000% since 2013, but “we also see great potential in the creative industries – where Chile is opening up as a location for film recordings – or services related to agriculture and mining.”

“We have more than US$1.1 billion in export opportunities for products that India imports not from Chile but from other markets,” the organisation’s Director General said.

He Cancellor Van Klaveren He stressed that “It is no coincidence that we have chosen this moment to celebrate the first India-Chile summit. Our intention is clear: we want to explore and make the most of the opportunities that exist for both countries.”

India begins to strengthen commercial ties with the world’s most populous country: Chile summit | EconomyProvided to RBB

In return, Agriculture Minister Announced that there is a huge opportunity for the wine industry, fruit, nuts, meat and forestry sector.

“We have to focus on tariff reductions for several products in our export basket, especially nuts and wine (…). We want India and its families to know and increase their demand for Chilean products, which is why it is so important to have the first Chile Summit India 2024,” Valenzuela said.

Provided to RBB

Meetings with officials and market visits

Following this inauguration, where representatives from the national private sector also participated, the officials divided themselves and held meetings with various representatives of the Government of India and businessmen.

Even a delegation focused on nuts visited Khari Baoli MercadoOne of the largest in Asia and where he saw on the ground how the Chilean nuts are traded.

Ultimately, a Second campaign “Taste from Chile” (Tastes of Chile), where various products such as apples, kiwis, walnuts and Chilean salmon were promoted.

The delegation will travel to Mumbai tomorrow to continue promoting our country as a business partner and investment destination.

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