Chile Free Trade Agreement (Cfta)

Like NAFTA, Appendix K-03. I.1 of the CCFTA, which supports the „business travellers“ category, does not contain an exhaustive list, but illustrates the types of activities normally carried out by business visitors. No new activity has been added to Appendix K-03. I.1 in relation to NAFTA, but the following activities were removed to reflect the bilateral agreement between Canada and Chile: the Chile Free Trade Agreement (CLFTA) came into force on January 1, 2004. Under the agreement, most Chilean products arrive duty-free in the United States and Processing Fee (MPF) and virtually all have entered free of charge until its full implementation in 2015. New opportunities for U.S. workers and manufacturers: all exports of consumer goods and industrial products can now arrive in Chile duty-free. Major U.S. export sectors, such as agricultural and construction machinery, cars and auto parts, computers and other computer products, medical equipment and paper products. The U.S.-Chile Free Trade Agreement came into force on January 1, 2004.

The U.S.-Chile Free Trade Agreement eliminates tariffs and opens markets, reduces barriers to trade in services, protects intellectual property, ensures regulatory transparency, ensures non-discrimination in digital trade, requires parties to maintain competition laws that prohibit anti-competitive business practices, and requires effective labour and environmental enforcement. As of January 1, 2015, all goods from the United States will arrive in Chile duty-free. Full text of the CCFTA and parallel agreements on the environment and cooperation in the field of labour cooperation Intergovernmental trade agreement signed by Canadian ministers and entered into force on July 1, 2017. Its goal is to reduce and remove as much as possible barriers to the free movement of people, goods, services and investment within Canada and to create an open and stable internal market. The Canada Free Trade Agreement (ATF) is an intergovernmental trade agreement signed by Canadian ministers that came into force on July 1, 2017. On February 5, 2019, the modernized Canada-Chile Free Trade Agreement (CCFTA) came into force, which supports an open, inclusive and rules-based trading environment. The CCFTA is the cornerstone of Canada`s strong trade and investment relationship with Chile. Since its launch in 1997, the CCFTA has brought benefits to both countries. Bilateral merchandise trade has almost quadrupled since the Canada-Chile Free Trade Agreement came into force, reaching $2.9 billion in 2017.

At the end of 2017, the share of Canadian investment in Chile was $17.1 billion, making Chile the leading target for direct investment in South and Central America. In 2017, Canada and Chile signed amendment agreements to modernize the CCFTA and support an open, inclusive and rules-based trading environment. Free-form certification of Chilean and U.S. importers can be used as an alternative to the original certification model when they invoke compliance with the Chilean Free Trade Agreement.