Chile Seeks India Trade Pact Expansion
January 27, 2013 3:15 PM EST
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.
Most Popular Slideshows
- Taylor Swift Named Forbes' Second Highest Paid Country Musician [PHOTOS]
- Forever Lost: Indescribable Anguish for Malaysia Airlines MH17 Families, Remains of Some Victims May Never Be Found (PHOTOS)
- Global Aviation Accidents: UN to Form Safety Task Force, Gov'ts Should Share Intelligence Info to Avert Future Incidents on Flying Over Warzones (PHOTOS)
- Celebrities Suffering From Lupus: Facts About the Disease
Join the Conversation
- ACT Party's Demand to Re Consider Maoris Privileges Evokes Reprimand
- Opinion Poll in New Zealand Shows National Party Far Ahead in Popular Support
- “Women should not laugh in public” - Turkish Deputy PM says
- Iran Leader Asks Muslims to Supply Arms to Palestine, Calls Israel ‘Rapacious Wolf’
- Canada Claims Good Progress in EU Trade Pact Despite Germany’s Defiant Postures
- Transfer News: FC Barcelona, Man Utd to Compete for Juan Cuadrado's Signature as Fiorentina Reveal Willingness to Sell
- Hilary Duff's New Music Video Chasing the Sun Goes Viral on YouTube [WATCH VIDEO]
- LeBron James to Return to Miami, Face Heat on Christmas Day 2014
- Shanghai Stock Exchange Will Not Extend Trading Hours
- Qatar's Surging Real Estate Prices Won't Affect Thriving Economy – Report