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EU-Chile: European Council Gives Final Endorsement to Bilateral Trade Agreement

CHILE
  • The Council today adopted the decision on the conclusion of the Interim Agreement on trade (iTA) between the European Union and Chile. This decision marks the end of the internal ratification process within the EU and paves the way for the entry into force of the deal.
    • This agreement focuses on trade and investment liberalisation
    • "The EU is Chile’s third-largest trade partner. Around 99.9% of EU exports will be tariff free on the entry into force of the agreement, which is expected to increase EU exports to Chile by up to €4.5 billion."
  • Press release here: https://www.consilium.europa.eu/en/press/press-rel...

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