Chile and India signed the terms of reference to deepen the trade agreement. Through this agreement, the opportunity to liberalize the tariff lines of India by 90%. In addition, the two countries agreed on a Memorandum of Understanding for the acquisition of pharmaceutical products.
Venezuela Becomes India’s Fourth Strategic Crude Supplier Amid Global Energy Realignment
A sharp increase in bilateral shipments during the second quarter of 2026 positions Venezuelan crude as a key alternative for Indian supply, historically accounting for nearly 80% of the Asian nation’s total imports from the South American country.
