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Chile considers Vietnam free trade deal

The Associated Press November 17, 2006

Chile considers Vietnam free trade deal

HANOI, Vietnam

Chile is considering signing a free trade agreement with Vietnam, Chilean President Michelle Bachelet said Friday.

Bachelet, attending an annual summit of Pacific Rim leaders in the Vietnamese capital, said she planned to sign a letter of intention to consider if "as soon as possible in the future we hope we can also sign a free trade agreement with Vietnam."

Chile has FTAs with more than 40 countries, including the United States and the European Union. It is also discussing similar deals with Japan and Colombia.

Just weeks ago, Chile joined the Pacific Four (P4) free trade agreement linking it with New Zealand, Singapore and Brunei. That arrangement commits the countries to wiping out all tariffs they impose on one another’s exports by 2015.


 source: BusinessWeek