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New Delhi [India], April 1 (ANI): Prime Minister Narendra Modi on Tuesday jointly addressed the press with Chilean President Gabriel Boric Font at the Hyderabad House. He announced that both countries are working on a mutually beneficial Comprehensive Economic Partnership Agreement. The teams will also focus on critical minerals, PM Modi stated.
“Today we have instructed our teams to begin discussions on a mutually beneficial Comprehensive Economic Partnership Agreement. Partnership in the field of Critical Minerals will be emphasized. Work will be done to establish resilient supply and value chains,” he said.
“India is ready to share its positive experience with Chile in Digital Public Infrastructure, Renewable Energy, Railways, Space, and other areas,” PM Modi added.
PM Modi highlighted that they also signed a Letter of Intent, recognizing Chile as the ‘Gateway to Antarctica.’
“We see Chile as the gateway to Antarctica. We welcome the agreement reached today on the Letter of Intent between the two sides to enhance cooperation in this important area,” he said.
Chile is considered a gateway to Antarctica primarily due to its geographic proximity and the presence of key cities like Punta Arenas, which serve as major departure points for expeditions and scientific research trips to the continent.
“India has been a reliable partner in ensuring the health security of Chile. We agreed to further deepen this cooperation. It is a matter of great happiness that the people of Chile have adopted yoga as a healthy lifestyle. The declaration of November 4 as National Yoga Day in Chile is an inspiration for all of us. We also discussed enhancing cooperation in Ayurveda and traditional medicine in Chile. The growing cooperation in the field of defence is a symbol of our deep mutual trust,” PM Modi said.
PM Modi further congratulated President Boric on his first visit to India and emphasized that Chile is an important partner country for India.
“This is President Boric’s first visit to India, and his commitment to strengthening the friendship and relations with India is truly amazing. I heartily welcome him and the distinguished delegation that has come with him. Chile is an important friend and partner country for India in Latin America,” he said.
PM Modi noted that the discussions identified untapped potential in investment opportunities.
“In today’s discussions, we identified several new initiatives to enhance cooperation in the coming decade. We welcome the growth in mutual trade and investment. We agree that there is also untapped potential for more cooperation in this,” he said.
PM Modi further stated that both countries will collaborate in the agricultural sector, with India sharing its expertise in multiple domains.
“Cooperation will be done to ensure food security by combining each other’s capabilities in the field of agriculture. India is ready to share its positive experience with Chile in digital public infrastructure, renewable energy, railways, space, and other areas,” he said. (ANI)
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