In addition to the ongoing negotiations for the second round of expansion of Preferential Trade Agreement (PTA), India and Chile are soon going to ink a Bilateral Investment Protection Treaty. India and the South American nation Chile already has a Double Taxation Avoidance Agreement which was signed earlier this year in March and the two sides are already in the process of finalizing a date for the next round of talks for the expansion of the PTA, which was delayed due to global pandemic.
India has welcomed Chile’s decision to designate India as a priority country in its foreign policy, and its decision to opening Consulate General in Mumbai.Read more…