India, Chile expand their Preferential Trade Agreement
India and Chile on Tuesday signed a pact to expand their Preferential Trade Agreement, which was signed in March 2006 and came into force from August 2007. Under the expansion, India will get duty concession of 30-100% for 1,798 products from the existing 296. Similarly, India has extended concessional rates of 10-100% on 1,031 products to Chile under the agreement.