• search

Chile wants FTA with India

By Staff
Subscribe to Oneindia News

Chennai, Feb 22 (UNI) Chile is keen on working closely with India in the areas of science and technology, besides having a Free Trade Agreement (FTA) with the country, Deputy Speaker of Chilean Parliament Jaime Gazmuri said today.

Mr Gazmuri, who is on a nine-day visit to India on the invitation of Lok Sabha Speaker Somnath Chatterjee, said the Latin American country already had a Preferential Trade Agreement (PTA) with India, covering about 300 products on both sides.

Stating that PTA was the first step in the trade process, he expressed hope that it would soon lead to a Free Trade Agreement with India. China was also keen on having cultural exchanges with the country, he told reporters here at an interactive session. Chile had positioned itself as a gateway to Latin America from Asia, he said and invited Indian companies to set up their regional heaquarters for Latin America in Santiago.

Dwelling on the significance of parliamentary diplomacy, Mr Gazmuri said Parliament, which represent a cross-section of the society, must keep abreast of things happening on the bilateral and multilateral fronts of a country's foreign affairs.


For Breaking News from Oneindia
Get instant news updates throughout the day.

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more