LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

January 4, 2023

What Will a Trade Deal Update Mean for the E.U. & Chile?

E.U. Trade Commissioner Valdis Dombrovskis, Chilean Foreign Affairs Minister Antonia Urrejola and E.U. foreign policy chief Josep Borrell (L-R) announced a new trade agreement on Dec. 9. // Photo: @Minrel_Chile via Twitter.

Q

A

Mark S. Manger, professor of political economy and global affairs in the Munk School of Global Affairs and Public Policy at the University of Toronto: “The updated agreement eliminates nearly all remaining tariffs, reaffirms Chile’s openness to foreign investment and provides for improvements in Chile’s access to E.U. markets. Given the already very comprehensive two-decade old free trade agreement, these improvements are small. Although much has been made of the chapters on renewable energy sources and mining, it should be noted that crucial sectors such as lithium mining are still very much under Chilean government control, and the authority of the Comisión Chilena de Energía Nuclear is preserved. The various chapters that are not directly related to trade or investment are intriguing. Governments often use international negotiations to sell policies at home that they would have wanted to implement anyway, but that faced domestic resistance. The new chapter on trade and sustainable development and the language on labor rights and gender equality, among others, are…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Gene Kuleta
Editor
202.463.2920
gkuleta@thedialogue.org

Jack Quinn
Reporter

jquinn@thedialogue.org

Lori Rampani
Reporter

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board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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