Malaysia is starting Free Trade Agreement (FTA) talks with Chile, which will pave the way to turn the latter as the launch pad for the country’s exports to Latin American markets of 550 million people and worth US$298 billion.
Chile is considering signing a free trade agreement with Vietnam, Chilean President Michelle Bachelet said Friday.
Chile and Canada extended their existing free trade agreement on Wednesday, said a statement of the Chilean Foreign Ministry.
Australia and Chile have agreed to develop a comprehensive Free Trade Agreement.
Colombia and Chile on Friday completed the second round of their free trade talks, resulting in a deal to be signed by Colombian President Alvaro Uribe on Nov. 27 during a visit to Santiago.
Chile and Colombia on Tuesday began a series of free trade talks which they aimed to complete within two months, Carlos Furche, who heads Chile’s negotiating team, said. "The bilateral free trade agreement with Colombia will be the broadest and deepest in the region," he noted.
China and Chile’s free trade agreement, which is expected to eventually exempt 97 percent of all trade goods from import tariffs, went into effect on Sunday.
Chile and Japan have negotiated a free trade agreement that among other facilities will sever bilateral exchange tariffs by 92 percent.
A council of Andean foreign ministers yesterday approved Chile’s re-entry to the Andean Community of Nations trade group after a three-decade absence.
Japan’s Cabinet approved a bilateral free trade pact with Chile on Friday, an official said.
Colombia and Chile will sign a free-trade agreement on Nov. 27 instead of in January as originally announced because negotiations are going faster than expected, President Alvaro Uribe said in New York on Thursday.
Japan and Chile have agreed on a bilateral free trade pact, a Foreign Ministry official said Thursday.
The Canada-Chile Free Trade Agreement (CCFTA), signed 10 years ago, has some discouraging lessons to offer would-be bilateralists. And lesson No. 1 would be: Don’t expect such agreements to boost trade.
Chile plans to add Australia, Thailand and Malaysia to a growing list of free -trade partners as it pushes to become Asia’s gateway to Latin America, Foreign Minister Alejandro Foxley said on Thursday.
Little by little, South America is dividing itself into two very different trade blocks. Mercosur, based on Brazil and Argentina and recently joined by Venezuela, is relatively protectionist and suspicious of bilateral trade deals with the United States. Most countries on the Pacific seaboard are committed to free trade with both el norte and Asia.
In the last few months, Chile has made it clear that it intends to become a trade platform between the vast Asia Pacific region and the Andean countries, by means of trade treaties and political integration. Prompt re-entry into the Andean Community of Nations (CAN) would be a step in that direction.
Chile formally requested incorporation to the Andean Community of Nations, CAN, in a letter sent by President Michelle Bachelet to her counterparts from Bolivia, Ecuador, Colombia and Peru, reported Foreign Affairs minister Alejandro Foxley.
Chilean President Michelle Bachelet signed a free-trade agreement with China to increase sales of copper, fruit and fish oil to Asia’s second-biggest economy.
Viet Nam will receive priority under Chile’s plans to develop its free trade agreement (FTA), according to the Chilean Foreign Ministry’s External Economic Department.
The ratification of the trade deal between New Zealand, Chile, Brunei and Singapore has taken another step with the Chilean senate approving the deal.