CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Chile, Paraguay Revive Talks On Free Trade Zone In Antofagasta

Chile, Paraguay Revive Talks On Free Trade Zone In Antofagasta

by Mike Godfrey, Tax-News.com, Washington

12 June 2014


Chilean Foreign Minister Heraldo Muñoz and his Paraguayan counterpart, Eladio Loizaga, recently revived negotiations on a free zone for Paraguayan businesses located at the Chilean port of Antofagasta.

During a visit to the Paraguayan capital of Asuncion to attend the 44th General Assembly of the Organization of American States (OAS), Muñoz met with Loizaga. Among the issues discussed was a proposal originally drafted in 1968 to designate the port of Antofagasta as a free trade area through which Paraguay, a land-locked country, could gain easier access to international markets.

A warehouse has already been constructed for the proposed free zone. Muñoz said that the only thing left to do is to seal the deal and make the free zone operational.

During the meeting Muñoz also backed plans to promote dialogue between the Pacific Alliance – a trade bloc comprising Chile, Colombia, Mexico, and Peru – and Mercosur, a political and economic alliance involving Argentina, Brazil, Paraguay, Uruguay, and Venezuela. Chile became an associate member of Mercosur in 1996.

TAGS: Chile | Paraguay | Uruguay | Venezuela | export duty | tariffs | Colombia | Mexico | Brazil | Peru | import duty | trade | Argentina | free trade zone

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »