What happened?
President Gabriel Boric of Chile visited India for discussions with Prime Minister Narendra Modi, focusing on expanding bilateral ties, including trade, investment, critical minerals, and sustainable development. In a joint press meeting at Hyderabad House on 1 April 2025, President Boric emphasised the growing potential for expanding bilateral relations between the two nations. Boric highlighted opportunities for enhanced cooperation in trade, investment, and addressing global challenges like climate change and sustainability.
President Boric acknowledged India’s growing role globally and noted that India has become Chile’s seventh-largest trading partner. During the meeting, President Boric and Prime Minister Modi discussed cooperation in commercial relations, investment, and the critical minerals industry, with Boric highlighting the significance of minerals like lithium and copper. Boric also emphasised the shared commitment to technological development and innovation.
Why it matters to India
President Boric’s visit underscores the importance India places on strengthening its ties with Chile. The discussions on trade, investment, and critical minerals align with India’s economic and strategic interests, particularly in securing resources for its growing economy and clean energy ambitions. Enhancing cooperation in technology and innovation can also provide India with valuable partnerships for sustainable development. Strengthening ties with Chile also expands India’s engagement with Latin America, furthering its global outreach.
