|
The
Chile-US
Free Trade Agreement
Chile is a promising market for a wide range of U.S. goods and
services, and the new Chile-US Free Trade Agreement (FTA) will offer
American companies even greater access to this growing market. The
symbolic importance of the Chile-USA FTA far outweighs the economic
size of Chile. This agreement establishes the first FTA negotiated
in Latin America since the North America Free Trade Agreement
(NAFTA) in 1993. The approval of FTA emphasizes the U.S. commitment
to free trade in the region and set the stage for future FTAA
negotiations covering the Western Hemisphere.
As one of the most dynamic and promising markets in the region,
Chile holds a commercial influence in South America due to the
energy and professionalism of its entrepreneurs, the transparency of
its regulation and the predictability of its decision makers.
Chile’s market-led reforms and an increasingly diversified economy
offer a viable option for U.S. exporters operating in a wide range
of industries.
While the U.S.- Chile FTA Agreement does involve elimination of
tariffs for US products to Chile, non-tariff provisions may have an
even greater impact by further strengthening an already open
business climate between the two countries. Specific obligations in
areas such as intellectual property, services, investment, temporary
entry of businesspersons, and telecommunications may serve as model
for future trade agreements.
Learn more about the U.S.-Chile FTA
and its implications for U.S. exporters:
Here you
will find information on tariff elimination schedules, impacts of
the FTA on your product or service, new opportunities for U.S.
companies, frequently asked questions and more.
U.S.-Chile Links
United States-Chile Free Trade Agreement Information:
U.S. Trade Representative: U.S. Chile Free Trade Agreement:
Back to top
Market Briefs -- a
combination of videoconference and streaming media technologies -- brings you
real-time Commercial Service global market insights and opportunities from
around the world.
The Chile Market Brief interview, taped in January,
2004, is
brought to you by the International Trade Administration,
Commercial
Service, U.S. Department of Commerce. The use of trade, firm, or
corporation names within this Webcast or on the surrounding pages, or links to
Web sites outside the U.S. Federal Government are for the convenience of the
user. Such use does not constitute an official endorsement or approval of any
private sector Web site, product or service by the U.S. Commercial Service,
U.S. Commerce Department.
Back
to top
|