Vietnam and Chile have launched negotiations on a free trade agreement, the Chilean Ambassador to Vietnam said Thursday, forecasting a deal may be reached soon.
According to the President of the Chilean based Federation of Fruit Producers, Rodrigo Echeverría, the agreement with Japan to conform a free trade zone benefits only few Chilean fruit producers.
Japan and Chile finalized the details Tuesday of their bilateral free-trade agreement, which will eliminate all tariffs on 92 percent of bilateral trade in terms of value within 10 years, officials said.
Although Uruguay and Chile belong to Mercosur and have a wide ranging agreement dating back to 1996, Uruguay's goal is to reach “a free trade agreement similar to that with Mexico”.
Korea's first free trade agreement with Chile, right on the other side of the globe, went into effect on April 1, 2004, bringing significant changes. We enjoy good, cheap Chilean wine and samgyeopsal (fresh bacon), while in Chile, Korean-made mobile phones are a big hit. But our trade deficit increased due to greater raw material imports and over 13,000 Korean farmers sustained harm. So what have been the most significant effects?
A group of Chilean 18 business leaders will visit Vietnam March 26 through April 1 in an economic mission organized by SOFOFA (Industrial Promotion Society), the Pacific Chilean Foundation, and Quiñenco SA.
Chilean President Michelle Bachelet's Tuesday-Wednesday visit to Mexico will help strengthen the fastest-growing commercial relationship in Latin America -- which expanded by nearly 2,000 percent between 1990 and 2006 -- while giving concrete form to a strategic alliance that could also benefit neighbouring countries.