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Trade relations between the EU and Chile are imbalanced not only in terms of trends in export and import of goods, but also in the diversity of trade products and in their ranking in the list of main trade partners. The EU was Chile's third biggest trade partner in 2021, with a 10,4 % share in Chile's trade with the world. Germany, Spain and the Netherlands are leading the list of Chile's top EU trade partners.

Chile is a close partner of the EU in Latin America. The EU and Chile have a mutual interest in pursuing even closer ties, leading them to agree to upgrade and modernise the Association Agreement signed in 2002. They started negotiations on a modernised agreement in November 2017. President Sebastián Piñera's centre-right government took office in March 2018. Politically, the situation of the Mapuche indigenous community and stricter migration policies have dominated its first year. The government ...

This publication provides an overview of trade relations between the EU and Latin American and Caribbean countries and groupings. The EU has fully fledged agreements with two Latin American groupings (Cariforum and the Central America group), a multiparty trade agreement with three members of the Andean Community (Colombia, Ecuador, and Peru), and bilateral agreements with Chile and Mexico. Since November 2017, a new agreement governing trade relations with Cuba has also been provisionally applied ...

The Trans-Pacific Partnership was a landmark trade agreement signed by 12 Pacific Rim countries including the US on 4 February 2016. TPP had commercial as well as geopolitical significance for the Obama administration and was a key component of the former president´s so-called “pivot” to Asia. On his first full day in office, on 24 January 2017, President Trump pulled the US out of TPP leaving the other 11 signatories to grapple with the consequences. They have since vowed to move forward even without ...

In addition to the State of the Union address by European Commission President, Jean-Claude Juncker, the main debates held during Parliament's September plenary session included questions such as fire safety in buildings, the impact of hurricane Irma, breaches of human rights and a series of statements related to external relations presented by the High Representative, Federica Mogherini. On the legislative front, Members voted, inter alia, on proposals concerning the WIFI4EU regulation (an initiative ...

Modernising EU-Chile trade relations

Kort overzicht 05-09-2017

Currently, EU-Chile relations are governed by the 2002 EU-Chile Association Agreement (AA). The EU would like to modernise the AA's trade pillar to keep pace with new global trade patterns and the ambitious provisions of more recent trade agreements. During the September plenary, the European Parliament is expected to adopt recommendations on the future negotiations on this modernisation. It is also asked to give its consent to the conclusion of a separate EU-Chile agreement on trade in organic products ...

The democracy clause in the EU-Mexico Global Agreement and by extension the EU-Mexico Free Trade Agreement calls for respect for fundamental human rights. If these are breached, a sanctioning clause can be invoked. The widely reported violations of human rights in Mexico are tackled through political dialogue. The agreement includes cooperation articles on social policy, the results of which are non-binding. Against this background, it is difficult to make a clear link between the potential effects ...

The Trans-Pacific Partnership (TPP) and the prospective Transatlantic Trade and Investment Partnership (TTIP), if enacted, will reshape trade and investment flows between the United States, Asia, and Europe. Together, these agreements encompass more than 60 % of the global economy, including the leading industrial economies of North America, the European Union and Japan. TPP is the economic anchor of the US ‘pivot’ to Asia. TPP is as much a geopolitical project to reinforce US leadership in Asia ...

The perception of the present state of trade relations with Chile is obscured by a lack of adequate understanding of its legal framework as well as of the policy behind it. This study attempts to clarify the present state of and future prospects for trade between the EU and Chile through an examination of previous agreements and the EU’s new approach to trade liberalisation. The authors agree with the large consensus existing on both the EU and Chilean sides regarding the efficacy of the Association ...

On 4 February 2016, the Trans-Pacific Partnership (TPP) agreement was signed by 12 countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. It encompasses about 800 million people, and the participating countries account for roughly a quarter of global trade and approximately 40% of the world's GDP. The TPP – described by US President Barack Obama as 'a regional agreement that will have broad-based membership and the high standards ...