The draft will be proposed for the approval of parliament before negotiations kick off.
Malaysia is close to finalising its first Free Trade Area (FTA) deal with Chile and the Latin American leader plans to sign it during a visit to Kuala Lumpur.
South Korean President Lee Myung-bak and visiting Chilean President Michelle Bachelet agreed Wednesday to revise a free trade agreement (FTA) between their countries to reflect changed conditions since the deal was signed five years ago.
Chilean Química e Industrial del Bórax Ltd. (“Quiborax”) will continue with its claim against Bolivia at the International Centre for Settlement of Investment Dispute (“ICSID”), despite reports of a settlement agreement and Bolivia’s renunciation of the ICSID convention. The case will likely shed the first light as to the effects of renouncing the ICSID Convention, a controversial topic over which no tribunal has yet to rule.
Chile has asked for a revision of the Korea-Chile free trade agreement, the Korean Ministry of Foreign Affairs and Trade said on Sunday. Chile wants Korea to open its agricultural market wider.
The US Government Accountability Office says bilateral free trade agreements signed by the United States work: they deliver new market opportunities for America’s agriculture sector.
Chile and Malaysia on Monday began a 6th round of negotiations for a bilateral free trade agreement, which is expected to be signed this year.
Turkey and Chile were set to sign a free trade agreement, Turkish State Minister Zafer Caglayan said on Monday.
As Canadian mining giant Barrick Gold gets ready to start construction at the Pascua Lama mine, straddling the Argentine-Chilean border, activists in Chile are scrambling to block the ambitious mining project while calling for an investigation of supposed irregularities committed in the approval process.
Chilean President Michelle Bachelet said Friday she hoped Vietnam and Chile will soon sign a Free Trade Agreement (FTA) as the two countries have come into concurrence on many important issues during FTA negotiations.
Chile which favours free trade agreements with as many countries as possible to boost its overall trade volume, does not see any problem if a similar kind of trade agreement is signed with India.
On Wednesday, Korea and Chile will be celebrating the 5th anniversary since they signed the free trade agreement.
Chile and Turkey finished the last round of negotiations on a bilateral Free Trade Agreement (FTA), announced Friday the Chilean Foreign Ministry.
To meet the interest of Chile becoming a bridge between Asia-Pacific markets including Indonesian and South American, especially Latin America markets near to the Atlantic ocean, Indonesia and Chile are discussing the possibility of free trade agreements of both countries.
The Peruvian opponents’ principal argument is that Congress should have approved the FTA, as decreed by article 56 of the Constitution.
A free trade pact between Peru and Chile will take effect this week, a sign that two of the most open economies in South America are deepening their commitment to trade to help weather the global economic crisis.
The Australia-Chile Free Trade Agreement is set to come into force on 6 March, 2009, allowing a host of Australian exporters a greater opportunity to enter a growing market.
President Bachelet reportedly asked her Korean counterpart to come to the negotiating table next March in Singapore, where countries including New Zealand, Singapore, Chile, Brunei, the United States, India, Peru and Australia are expected to start negotiations on a multilateral FTA. According to Korean Presidential spokesman Lee Dong-kwan, President Lee gave a positive response to the proposal.
The free trade agreement begun by New Zealand, Singapore, Chile and Brunei - known as the P4 - two years ago is set to expand even further with two more countries , Australia and Peru, as well as the United States wanting to join.
Australian horticulturalists have launched a scathing attack on the Federal Government following its vote to allow free trade with Chile.