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Chile, China Continue Talks On Deepening FTA

by Mike Godfrey, Tax-News.com, Washington

14 March 2016


Officials from Chile and China met on March 10, 2016, to discuss deepening the free trade agreement (FTA) between the two countries, according to a statement from Chile's Directorate General of International Relations (DIRECON).

The FTA has been in force since 2006. Currently, the FTA allows 97.2 percent of Chilean goods to enter the Chinese market tariff-free. The tariff-free items account for 99 percent of Chile's exports to China, DIRECON said.

The two countries committed to deepening their FTA at the end of last year. They are aiming to expand market access policies and include e-commerce, telecommunications, and environmental issues in the upgraded FTA.

The original agreement mainly covered trade in goods, but supplementary agreements on investment and trade in services were signed and implemented later.

TAGS: environment | tax | investment | free trade agreement (FTA) | Chile | export duty | commerce | tariffs | China | agreements | e-commerce | import duty | trade | services

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