Chile

Chile Latest News

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:
  • The 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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Chile FAQs

Q1. Where is Chile located?
Ans. Chile is a long, narrow country in South America, bordered by the Pacific Ocean to the west and the Andes Mountains to the east.

Q2. What type of government does Chile have?
Ans. Chile is a presidential republic, with a multi-party system and democratic elections.

Q3. What is Chile known for in the global economy?
Ans. Chile is a leading global exporter of copper, lithium, and wine.

Source: PIB