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.
Trade negotiations with South American nations – Chile & Peru will be now through video conferencing, as airports of these countries remain closed due to the global pandemic COVID-19.
As is the case in all of the treaties, the parts that are not directly related to trade are non-binding, as the chapter on human rights is.
The association agreement with the United Kingdom approved by the Chilean Senate in 2019 contemplates the conditions of the existing association agreement between Chile and the European Union.
Singapore, Chile and New Zealand concluded talks on an agreement over a common set of rules, standards and guidelines for global digital trade and commerce.