Chile seeks India trade pact expansion

SANTIAGO Sat Jan 26, 2013 8:27pm IST

Chile's Alfredo Moreno Charme speaks to journalists in Rio de Janeiro October 8, 2012. REUTERS/Ricardo Moraes/Files

Chile's Alfredo Moreno Charme speaks to journalists in Rio de Janeiro October 8, 2012.

Credit: Reuters/Ricardo Moraes/Files

SANTIAGO (Reuters) - Chile hopes to sign a free trade agreement with Thailand soon and is seeking to expand a limited one it has with India, as the Andean country looks to deepen its open, export-dependent model, foreign affairs minister Alfredo Moreno said on Saturday.

The country is also working on broader agreements, including with fellow Pacific Alliance members Colombia, Mexico and Peru as well as negotiations for the Trans-Pacific Partnership (TPP).

"Chile has just concluded negotiations with Thailand, I expect (the agreement) will be signed soon," Moreno said. "And (Chile) is starting negotiations with India to expand the very limited agreement we have with India."

He didn't provide details of the agreements or time frames.

External trade represents around 75 percent of Chile's Gross Domestic Product (GDP). World No.1 copper producer Chile also exports wine, fruits, salmon and wood pulp.

The South American country has increasingly turned to Asia as a growing market for its products.

(Reporting by Silene Ramirez; Writing by Alexandra Ulmer; Editing by Doina Chiacu)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

India-WTO Standoff

India-WTO Standoff

India threatens to derail WTO deal, prompts angry U.S. rebuke  Full Article 

Economic Pulse

Economic Pulse

New govt promises low and stable tax regime for economic revival.  Full Article 

IPO Probe Ends

IPO Probe Ends

Facebook says SEC's IPO probe ends, extending WhatsApp closing date  Full Article 

World Stocks

World Stocks

Goldman Sachs downgrades stocks to neutral for short term  Full Article 

Disappointing Results

Disappointing Results

Amazon's far-reaching ambitions, lack of profits, unnerve investors  Full Article 

Global Growth

Global Growth

IMF cuts outlook, warns of stagnation risk in rich nations  Full Article 

Market Eye

Market Eye

Nifty retreats from record highs on profit taking.  Full Article 

Waning Enthusiasm

Waning Enthusiasm

Markets' post-election enthusiasm lost on consumers.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage