Chile

India and Chile have intensified discussions on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant progression in efforts to deepen bilateral trade and investment ties. The negotiations aim to expand market access, reduce tariff barriers, and strengthen cooperation across priority sectors such as minerals, technology, agriculture, and services. As both nations seek to diversify economic partnerships, the CEPA framework is positioned as a catalyst for unlocking new commercial opportunities, broadening supply chains, and enhancing strategic collaboration.

Hindustan Copper Ltd (HCL) is embarking on an ambitious expansion strategy to increase its mining capacity from 3.47 million tonnes to 12 million tonnes per annum by fiscal year 2030-31. Central to this growth plan is a strategic collaboration with Chile’s copper giant Codelco, aimed at enhancing technical expertise and deep exploration capabilities. Despite facing critical scrutiny from the Comptroller and Auditor General (CAG) over past project delays and financial mismanagement, HCL recorded record underground ore production at its Malanjkhand Copper Project.

Hindustan Copper Ltd (HCL), India's sole vertically integrated copper producer, is set to host a high-level delegation from Chilean copper giant CODELCO in a landmark initiative aimed at strengthening bilateral cooperation in mining technologies, operations, and workforce development. This follows a formal memorandum of understanding signed during the April meeting between Indian Prime Minister Narendra Modi and Chilean President Gabriel Boric Font.