Chile

May 9, 2025

Recently, India and Chile signed the Terms of Reference (ToR) to begin negotiations for a Comprehensive Economic Partnership Agreement (CEPA).

Key Facts about Chile

  • Location and Borders: Located in South America, Chile is a long, narrow country bordered by:
    • Peru and Bolivia to the North,
    • Argentina to the East,
    • Pacific Ocean to the West.
  • The Argentina–Chile border is the longest in South America and the third-longest globally.
  • Key Geographical Features:
    • Andes Mountains: The World's longest continental mountain range.
    • Atacama Desert: Driest non-polar desert in the world.
    • Loa River: Chile’s longest river (approx. 440 km).
    • Ojos del Salado: The World’s highest active volcano and 2nd highest peak in South America (6,880 m).
    • Frequent earthquakes and tsunamis due to Chile's location on the Pacific Ring of Fire.
  • Economic Resources:
    • World’s largest copper producer.
    • Member of the “Lithium Triangle” (with Argentina and Bolivia), holding over 75% of global lithium reserves under salt flats.
    • Other resources include molybdenum, iron ore, timber, hydropower, and precious metals.

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