Chilean Foreign Affairs Minister Andres Allamand visited Korea to discuss upgrading the Korea-Chile free trade agreement as well as other cooperative measures ahead of the 60th anniversary of the establishment of diplomatic ties in April 2022.
Singapore will sign a free trade agreement (FTA) by the end of this year with the Pacific Alliance (PA), a trading bloc of four Latin American nations - Chile, Colombia, Mexico and Peru.
The 10th round of negotiations for the modernisation of the trade part of the association agreement took place from 19 April to 7 May 2021.
South Korea held a public hearing on its bid to join a global pact on the digital trade sector that covers a wider array of issues beyond conventional free trade agreements.
The memorandum of understanding creates a formal mechanism for the two countries to enhance bilateral engagement on IP under the Canada-Chile Free Trade Agreement.
The Department of Trade and Industry (DTI) said the Joint Economic Cooperation (JEC) between the Philippines and Chile will commence this year to strengthen trade and investment ties between the two nations.
Both countries are also focused on expanding Agricultural cooperation. Besides addressing market access issues for products of mutual interest, the two sides are working on an agreement on Agriculture.
South Korea’s trade ministry vowed to make more progress in expanding trade pacts with counterparts from Central and South America this year, in line with its efforts to diversify its export portfolio amid the growing protectionism around the globe.
Nuevo Pudahuel had asked the Ministry of Public Works to extend the term of the concession contract as a result of the pandemic, but the MOP was closed to changes in the contract.
Portugal will try to conclude a free-trade agreement between the EU and the South American trade bloc Mercosur during its six-month EU presidency, and attempt to expand Europe’s ties with other potential trade partners.
The Digital Economy Partnership Agreement between New Zealand, Singapore, and Chile will enter into force today.
Chile and the European Union could seal a deal on a modernised free-trade accord by April, Chile’s deputy trade minister said.
The two sides will hold discussions on five categories — goods, intellectual property rights, trade promotion, anti-corruption and cooperation.
The Indonesian government is pursuing a series of trade deals with non-traditional partners in Africa, Latin America and the Middle East in an effort to navigate international trade during and after the COVID-19 pandemic.
Official sources said both sides are looking at firming up a bilateral investment protection treaty.
Chile’s official recently visited South Korea, with the intention of resuming the negotiations to update the FTA between both countries that were interrupted by the pandemic.
The signing of the agreement was carried out virtually with the participation of the presidents and officials from the two countries’ foreign ministries.
The agreement builds on rules facilitating commerce already in effect between Chile and Mercosur bloc nations Brazil, Argentina, Paraguay and Uruguay.
Deputy Minister of Industry and Trade Do Thang Hai on August 4 held a virtual meeting with Rodrigo Yanez Benitez, Under-Secretary for International Economic Relations at the Chilean Ministry of Foreign Affairs, to boost economic and trade cooperation between the two countries.
New Zealand’s government has today signed a digital trade agreement with Chile and Singapore.