GS2 · Trade

India-NZ FTA round 1; Chile CEPA ToR

Battle IAS current affairs title card: India-NZ FTA round 1; Chile CEPA ToR (GS2 · Trade, 9 May 2025)

What happened

  • First round of India-New Zealand FTA talks was held 5-9 May 2025 [PIB].
  • India and Chile signed ToR for a CEPA on 8 May 2025 [PIB].

Background

  • First Chile CEPA round was held from 26 May [PIB].

Why it matters

  • Chile has critical minerals.

How to use this in Mains

GS-II Effects of liberalisation; trade policy

  1. As per PIB (2025-05-09): first round of India-New Zealand FTA talks was held 5-9 May 2025.
  2. Chile has critical minerals.
Quotable data point

India and Chile signed ToR for a CEPA on 8 May 2025.

PIB: India-NZ FTA, 9 May 2025

Exam angle

UPSC

Prelims: none.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

India-Chile ToR is for a

Answer (a) & explanation

PIB.

Official source: PIB: India-NZ FTA, 9 May 2025

facts from cited sources only; faculty review pending