EFTA States and Chile meet for the fourth round of negotiations on the modernisation of their free trade agreement

Published 24-11-2022
EFTA and Chile Heads of delegation
From 21 to 24 November 2022, delegations from the EFTA States and Chile met in Geneva for the fourth round of negotiations towards the modernisation and expansion of their free trade agreement. The EFTA States and Chile originally signed a free trade agreement in 2003, the ongoing modernisation process was initiated in 2019.

Mr Erik Andreas Underland, Specialist Director in the Norwegian Ministry of Trade, Industry and Fisheries, acted as the EFTA spokesperson, while Mr Sebastián Gómez, Director General of Bilateral Economic Affairs at the Undersecretariat for International Economic Affairs, headed the Chilean delegation.

Delegations continued their work on trade in goods, trade in services, government procurement, trade and sustainable development as well as intellectual property rights. The parties held extensive and effective discussions and made good progress on updating their existing FTA. The delegations agreed to reconvene for the fifth round in Chile during the first quarter of 2023. EFTA’s full report of the fourth round will be made available here in the coming days.

Economic relations between the EFTA States and Chile

Bilateral EFTA–Chile merchandise trade reached almost USD 690 million in 2021. EFTA’s main exports to Chile were pharmaceutical products, machinery, medical instruments and clocks and watches. For the same year, imports from Chile consisted mainly of chemicals, fruits and nuts, animal feed and beverages.

Read more about merchandise trade between EFTA and Chile here.

 

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