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Editor's Pick. Villages of Leh have been witnessing rapid development and achieving a new feat, President Pratibha Patil hosted a state banquet and cultural programme for Bachelet on Monday night, that commemorated the 60th anniversary of the establishment of diplomatic relations between India and Chile. Bachelet, a doctor by training and a single mother who broke many political traditions by becoming the first woman president of Chile three years ago, will also go to Agra, Mumbai and Chennai.
She arrived on a five-day visit to India on Monday morning. Share Via. Get our Daily News Capsule Subscribe. Thank you for subscribing to our Daily News Capsule newsletter. Whatsapp Twitter Facebook Linkedin. Sign Up. Ministry of External Affairs. Media Center. Pratibha Devisingh Patil. The visit assumes special significance as it coincides with the 60th Anniversary of the establishment of diplomatic relations between India and Chile. The anniversary was marked by the holding of a special concert in New Delhi on 16th March at which both Indian and Chilean artists performed in the presence of the Presidents of both countries.
Manmohan Singh. Both sides reviewed the state of bilateral relations and expressed satisfaction at the pace at which mutually beneficial cooperation is progressing. As democratic nations, Chile and India share values such as, respect for human rights and fundamental freedoms including religious, rule of law and tolerance.
Prime Minister Singh and President Bachelet underlined the importance of enhancing trade and economic relations. They welcomed the growing and dynamic trade relations and agreed that the PTA has opened new avenues for cooperation and investment for Chilean and Indian companies.
Both Leaders evinced interest in exploring the feasibility of entering into a Free Trade Agreement and expressed satisfaction that the process of broadening and deepening of the existing PTA has already been initiated. It was also agreed to enhance the periodic exchanges of business missions and participation in each other's trade fairs to facilitate promotion of their respective countries' products and services.
Both sides agreed to endeavour to double bilateral trade in the next five years.
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