INDIA-CHILE

General Information
Capital: New Delhi Rate of Exchange: INR 1= 11.97 Chilean Pesos (June 2006)
Official Language: Hindi, English USD 1= 44.42 Indian Rupees (June 2006)
Surface Area: 3287.590 Km² Main Exports: Agricultural products, textiles, jewelry, software and technological
services
Population: 1,080,300,000 approx Head of State: APJ Abdul Kalam
Currency: Indian Rupee Head of Government: P.M.. Manmohan Singh

2001 2002 2003 2004 2005

GDP* 476.4 508.9 584.9 677.4 775.6
Income Per Capita* 461 485 549 627 714
Real GDP Growth (%) 4.1 4.2 7.2 8.1 8.3
Inflation (%) 3.8 4.3 3.8 3.8 4.2
Rate of Unemployment (%) 9.2 10.5 10.4 10.1 9
*Figures in US dollars Source: Department of Foreign Affaire and Trade, Government of Australia

CHILE-INDIA TRADE
CHILEAN EXPORTS TO INDIA

500 REAL GDP GROWTH INDIA

450
500 9
450 8
400
400 7 8,1 8,3
350 7,2
350 6
300 300 5
250 250 4
200 3 4,2
200
150
2
150
100
1
100
50
0
50
0
2002 2003 2004 2005
2002 2003 2004 2005
0
2000 2001 2002 2003 2004 2005 GDP
Agriculture Mining Industry Others
EXP. IMP.

Evolution of Chile India Exports Imports in million US$.. Source: Webcomex

Major Chilean Exports to India (in million US$) 2005 Major Chilean Imports from India (in million US$) 2005
Copper ore and its concentrates 449.75 Tourism vehicles, with spark ignition 7.01
Iodine 17.24 Other gloves, mittens and mitts of leather or natural 6.84
Newsprint, in rolls 5.42 Other medicine products (except those of item 30.05) 5.92
Fishmeal with protein content … 4.72 Cobalt sulfate 4.19
Fishmeal with protein content … 4.21 Liquid dielectric transformers, power handling cap> 37,500 4.17

Principal Destinations of Indian Exports 2005 Principal Sources of Indian Imports 2005
United States 17.0% China 6.1%
United Arab Emirates 8.8% United States 6.0%
China 5.4% Switzerland 5.2%

Main Trade Relations Between India and Third Countries

FTA with Sri Lanka Preferential Trade Agreement with Thailand
Preferential Trade Agreement with Afghanistan Preferential Trade Agreement with MERCOSUR
Comprehensive Economic Cooperation Agreement with Singapore Negotiating Comprehensive Economic Cooperation Agreement with Sri Lanka
FTA Negotiations with ASEAN FTA Negotiations with Malaysia
FTA Negotiations with Bangladesh FTA Talks with SACU (South African Customs Union)
FTA Negotiations with Korea FTA Talks with Egypt
Partial Scope Agreement with Chile, not effective yet FTA Negotiations to be started with GCC (Gulf Cooperation Council)

Situation of Chile-India Negotiations

The Chile-India Partial Scope Agreement (PSA), which implies tariff reductions on a reduced number of goods, was signed on 8 March 2006, in New
Delhi. It is currently under legislative proceeding for its approval by the National Congress.

ASIA AND OCEANIA DEPARTMENT

GENERAL DIRECTORATE FOR INTERNATIONAL ECONOMIC AFFAIRS