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<h1>Preferential Trade Agreement expansion increases tariff concessions between India and Chile, enhancing market access and export diversification.</h1> Expansion of the Preferential Trade Agreement between India and Chile, signed 6 September 2016, increases reciprocal tariff concessions at the 8 digit level: Chile offers concessions on 1798 tariff lines with MoP 30%-100% and India offers concessions on 1031 tariff lines with MoP 10%-100%, enlarging preferential market access and aiming to benefit Indian exporters through greater diversification.