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Trade relations between EU and Chile are governed by the EU-Chile association agreement (2002), including a comprehensive free trade agreement that goes well beyond WTO commitments. The agreement:

  • eliminates barriers to trade
  • establishes clear rules for exporters, importers and investors
  • creates a free trade area in goods, services and government procurement
  • liberalises investment and capital flows
  • strengthens the protection of intellectual property rights.

The agreement also foresees that both parties will further liberalise trade in agricultural goods and services in the future, including protection of geographical indications.

Additional protocol bringing the EU's new member countries into the association agreement with Chile (2004)

Chile also has a very wide network of free trade agreements with other countries and regions.