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India says it is committed to concluding CEPA negotiations with Chile within this year

Commerce Secretary Rajesh Agrawal held a meeting with Paula Estévez Weinstein, Chile's Vice-Minister of International Economic Relations, in Santiago to advance negotiations on the India-Chile Comprehensive Economic Partnership Agreement (CEPA).
India said it remains committed to concluding the CEPA negotiations within this year.
The Commerce Secretary highlighted the potential for economic cooperation in healthcare, pharmaceuticals, energy and other sectors.
The CEPA is expected to open new avenues for trade and investment while fostering cooperation in technology, talent and resilient supply chains.

Agreement: India-Chile CEPA Indian official: Commerce Secretary Rajesh Agrawal Chilean counterpart: Vice-Minister Paula Estévez Weinstein
Why it matters for exams: India's trade pacts and its ties with Latin America, including critical minerals, are recurring themes in current affairs and international relations.
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In plain words

CEPA Comprehensive Economic Partnership Agreement — A trade pact wider than a simple tariff deal, usually covering goods, services and investment.