EU and Chile mark progress in talks to modernize their free trade agreement

June 17, 2020

The seventh round of negotiations for the modernisation of the Trade part of the European Union (EU)-Chile Association Agreement took place from 25 to 29 May.

The European Commission said there was good progress in a significant number of chapters, including parts of the Services Chapter, Rules of Origin, Technical Barriers to Trade, Good Regulatory Practices, Public Procurement, Institutional provisions and some IPR provisions. The useful progress in chapters on SPS, Transparency, Anticorruption and Customs and Trade Facilitation have as a result that these chapters are now very well advanced.

There were also constructive discussions on Financial Services, Investment, Investment Court System, Geographical Indications, Trade in Goods, State Owned Enterprises, Subsidies, Competition, Trade and Sustainable Development, Trade and Gender, Energy and Raw Materials. Considerable work is, however, still needed for these chapters.

The next round is scheduled for September.

Canada has separate trade agreements in force with the two parties. With the EU through the Comprehensive Economic and Trade Agreement and with Chile through the Canada-Chile Free Trade Agreement.