ISDS Case Map
Chile
The AC-FTA represents a new generation of Free Trade Agreements and establishes a broad level of market access. Australian companies are certain to benefit,
The collapse of the World Trade Organisation talks has prompted forecasts of a proliferation of bi-lateral free trade deals, such as that signed by Australia and Chile today. Australian Trade Minister Simon Crean said the FTA is a "high-quality agreement where commitments go beyond" what each country had committed at the WTO.
Foreign Minister Alejandro Foxley arrived in Sydney, Australia today, where he will attend various activities, which include the signing of a Free Trade Agreement with the nation.
Chile and Turkey ended the second round of negotiations on a Free Trade Agreement on Friday, the Chilean Foreign Ministry said, adding that "It's very important to integrate the private sectors in this process, because they will take advantage of the FTA."
The Strategic Association Agreement signed by both countries promotes trade relations and cooperation in foreign affairs regarding shared principles in areas such as global trade, UN security policies and human rights.
The Rudd Government says its first successful free trade agreement reveals the tests it will apply to all bilateral trade negotiations as it switches the emphasis of trade policy back to multilateral free trade talks.
Austalia and Chile have concluded negotiations for a free trade agreement, with Australia's mining sector being a major beneficiary.
Turkey aims to start negotiations this year over a free-trade agreement with Mercosur, the South American trade bloc, Turkish Foreign Trade Undersecretary Tuncer Kayalar says
Even as the Brazilian Parliament is yet to ratify the India-Mercusor Preferential Trade Agreement signed by its President Lula in 2004, another South American country, Chile, has thrown a surprise on Tuesday, suggesting that it was willing to upgrade its Preferential Trade Agreement with India, signed in 2006, to the level of a Free Trade Agreement (FTA).
