As of January 1, with the UK having left the European Union, the Association Agreement between Chile and the United Kingdom has entered into operation. This instrument, which goes beyond the conditions of the Agreement between Chile and the European Union (EU), will safeguard the continuity of national shipments to the British market, giving certainty to exporters from both countries.
Undersecretary for International Economic Relations, Rodrigo Yáñez pointed out that ‘the central orientation of This Agreement is to protect bilateral trade and safeguard jobs for SMEs and national exporters, considering the importance of their contribution to economic reactivation’.
The Agreement contains a series of instruments to expand and modernize its coverage, with an evolutionary clause for agricultural goods, which establishes that in a period of two years and so on. At intervals, the parties will review the status of tariff liberalization for these products, which in the case of Chile, 86% of shipments to the United Kingdom are food, thus improving conditions for our exporters and making the most of their wide potential.