Chile represents both an important market for EU exporters of goods and services as well as an important source of imports, both in the field of agricultural products as well as in manufactured goods. To further develop their trading relations, Chile and the EU are currently negotiating an Association Agreement to replace the 1996 Framework Co-operation Agreement. The main components were manufactured goods, raw materials agricultural products and beverages and tobacco. The main components were machinery and transport equipment, chemical products, and manufactured goods. For more details, click here .
Chile has a very open investment environment with no significant barriers.
Chile offers foreign investors comparative advantages in areas such as mining, agriculture and energy. EU firms have notably invested in the sectors of financial services, construction and electricity. No significant market access barriers exist for EU exports and Chile and the EU have a good record in solving disputes amicably. The current relationship between the EU and Chile is based on the 1996 Framework Co-operation Agreement with Chile. The institutional mechanism consists of a Joint Commission.