September 19, 2021 | Leave a comment

The agreement covers all important areas of trade relations, including trade in goods, trade in services and investment, government procurement, competition and intellectual property. A Joint Committee shall be set up to monitor the Agreement. It also contains provisions on dispute settlement. In addition, the EFTA States and Chile have concluded bilateral agreements on agriculture. As regards the EU-Chile Agreement on the modernisation of the Free Trade Agreement (2003), which is part of the EU-Chile Association Agreement (2002), several developments on both sides since its conclusion, the Commission published a position paper on a Sustainability Impact Assessment (SIA) of 7 May 2019, which it commissioned from an independent consulting firm. has been implemented. The full agreement entered into force on 1 March 2005. A round of negotiations to modernise the agreement was held in Santiago, Chile, from 15 to 19 January 2018. On 22Nd January 2018 the European Council published the negotiating directives for the new modernised agreement. On 6 February 2018, the European Commission published 18 first text proposals in which it sets out its position in certain areas of the negotiations for a new modernised agreement with Chile. The seventh round of negotiations of the trade column on the modernization of the agreement, which took place virtually, ended on 29 May 2020. The eighth round of trade negotiations to modernise the agreement began virtually on 28 September 2020.

On 24 November 1999, the first Eu-Chile Joint Council, established by the Framework Agreement, met in Brussels, Belgium. The Joint Council defined the structure, methodology and timetable for the negotiations for a Political and Economic Association Agreement between Chile and the European Community and its Member States. Negotiations for an Association Agreement between Chile and the EU started in 2000. In early 2016, Chilean delegations held meetings with senior officials from the European Union and the European Free Trade Association to promote the modernization of Chile`s trade agreements with the two blocs. . . .