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International Relations

Why is Chile Important for India?

Why is Chile Important for India?

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  • GS 2 || International relations || India and rest of the world || Latin America

Why in news ?

  • Recently, the President of India completed his visit to the Republic of Chile.

India- Chile Relations :

  • Chile is India’s window to Latin America and to the Pacific Alliance.
  • Chile is the fifth largest trading partner of India in the Latin American region.
  • India- Chile signed the Preferential Trade Agreement in 2017 to enhance the trade.
  • The bilateral trade is growing and stood at US$ 2.8 billion in 2017-18.
  • India and Chile are partners in the International Solar Alliance.
  • India- Chile signed three Memorandum of Understandings (MoUs) in the fields of -mining, culture, disability.
  • India- Chile commemorates the 70th anniversary of the Establishment of Diplomatic Relations between Chile and India.

Significance of the visit :

  • President Ram Nath Kovind and his Chilean counterpart Sebastian Pinera have signed three Memoranda of Understanding (MoUs) in the fields of mining, culture and disability.
  • India offered training slots to Chilean armed forces in the premier defence institutions including for courses in mountain warfare and peacekeeping.
  • Given our commitment to environment and sustainability, India is particularly keen to strengthen lithium partnership with Chile.
  • The Chilean side reiterated its support for India’s candidature for a permanent membership in a reformed and expanded UN Security Council, while reaffirming its support for India’s candidacy as non-permanent member for the term 2021- 2022.
  • On the other hand, India reiterated its endorsement of Chile’s candidacy to the same body for the term 2029 – 2030,

Important facts for prelims – Chile in news :

  • The Atacama Large Millimeter/submillimeter Array (ALMA) is an astronomical interferometer of 66 radio telescopes in the Atacama Desert of northern Chile, which observe electromagnetic radiation at millimeter and submillimeter wavelengths.
  • ALMA is an international partnership among Europe, the United States, Canada, Japan, South Korea, Taiwan, and Chile.