4 Aug 2017
Progress Reported in Second Round of Talks to Update Chile-China FTA
Trade officials from Chile and mainland China recently held a second round of talks to update their bi-lateral free trade agreement. The two sides held discussions on market access, rules of origin, trade in services, trade-related rules (including e-commerce, competition, government procurement, environmental matters, customs procedures and trade facilitation), and technical and economic co-operation. Progress was reported in the texts of the chapters that will make up the updated agreement, and the chief negotiators reiterated an earlier commitment to wrap up the discussions this year.
Separately, experts from Chile and mainland China held a third technical meeting on 28-29 June aimed at modernising the origin certification process under the Chile-China FTA. Origin certification currently requires paper documentation but the two sides hope to develop and implement an electronic system that provides for the immediate submission and reception of origin certificates. Chilean authorities believe such a system will foster a more fluid and secure trading environment for exporters, importers and customs operators.