Chile and Brazil formalise trade pact

Chile’s Senate has approved a free trade agreement with Brazil, cementing the long-standing economic relationship between the two countries.
calendar icon 13 August 2020
clock icon 5 minute read

"Today more than ever it is essential to strengthen our commercial alliances to give a boost to the economic recovery," Chile´s foreign minister, Andrés Allamand, said following the agreement´s approval.

Both Chile and Brazil have been particularly hard hit by the coronavirus outbreak, with dire economic prospects weighing on their futures.

The agreement will help regulate and boost trade in several key areas, the ministry said. Chile supplies Brazil with such products as copper cathodes, salmon and wine, while Brazil ships to Chile meat, vehicle bodies and manufactured iron and steel products.

Chile, the world's top copper producer, has long welcomed free and open trade. The country has signed 30 commercial agreements with 65 global markets, the Foreign Ministry said.

Read more about this story here.

"Today more than ever it is essential to strengthen our commercial alliances to give a boost to the economic recovery," Chile´s foreign minister, Andrés Allamand, said following the agreement´s approval.

Both Chile and Brazil have been particularly hard hit by the coronavirus outbreak, with dire economic prospects weighing on their futures.

The agreement will help regulate and boost trade in several key areas, the ministry said. Chile supplies Brazil with such products as copper cathodes, salmon and wine, while Brazil ships to Chile meat, vehicle bodies and manufactured iron and steel products.

Chile, the world's top copper producer, has long welcomed free and open trade. The country has signed 30 commercial agreements with 65 global markets, the Foreign Ministry said.

Read more about this story here.

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.