Guidelines on Safe Load Securing for Road Transport.
International Chamber of Shipping (ICS);
Customs Convention on Containers (CCC, UN) - not a member.
American Trade and Economic Organizations:
Inter-American Development Bank (IDB);
Organization of American States (OAS);
Economic Commission for Latin America and the Caribbean (ECLAC);
Africa-South America Summit (ASA);
Forum for East Asia-Latin America Cooperation (FEALAC);
Summit South American-Arab Countries (ASPA);
Community of Latin American and Caribbean States (CELAC)
European Union-CELAC Summit.
Global Organizations:
Community of Portuguese Speaking Countries (observer country);
Pacific Economic Cooperation Council (PEEC);
Organization for Economic Cooperation and Development (OECD)
OECD anti-corruption measures.
United Nations (UN)
Conference on Trade and Development (UNCTAD);
International Trade Centre (INTRACEN);
Commission on International Trade Law (UNCITRAL);
World Intellectual Property Organization (WIPO).
World Bank (WB);
World Trade Organization (WTO);
International Monetary Fund (IMF).
The Republic of Chile
Chile is the regional leader in Latin America, mainly due to its democratic stability that ensures an excellent environment for business and foreign direct investment (FDI).
The Republic of Chile has a population of 17 million people;
Chilean official language is Spanish;
Capital of Chile: Santiago de Chile;
Area of Chile: 756,102 square kilometers;
Chilean currency: Peso;
Chile has borders with Peru (160 kilometers, Concordia Line), Argentina and Bolivia;
Chile belongs to the Western Civilization - Latin American Economic Area.
Chilean Economy.
If anything characterizes the economy of Chile is the continuous path of economic growth, placing it among the thirty most dynamic economies;
Chile is one of the lowest-risk countries in the World;
The Republic of Chile ranks first in Latin America among the most competitive economies in information technology (IT) and communications (World Economic Forum);
Chile ranks fifteenth among the most interesting countries for doing business and foreign direct investment (FDI);
In the Global Competitiveness Index, Chile took the 28th position out of 134 economies;
The Corruption perceptions index of Chile obtained a score of 6.9 (Transparency International);
Chilean GDP: 257,968 million dollars:
Primary sector: 3.6%;
Secondary sector: 36%;
Tertiary sector: 60.4%.
GDP growth: 1.9%. Forecast: 2.5% (public expenditure and external sector);
Unemployment: 6.4%;
Chilean inflation: 4.6%;
The main Chilean economic sectors are mining, manufacturing, fisheries, and construction;
Chile holds the third place among the ten most successful Latin American and Caribbean Countries in attracting the foreign direct investment (UNCTAD);
The modern Chilean telecommunications systems, competitive banking sector, good public infrastructure, high-quality services, and skilled workers
accessibility are top factors to attract the foreign direct investment;
Since 1990, the Government of Chile has implemented public policies to promote and consolidate businesslike and responsible macroeconomics management, economic openness, and international integration, steady institutions and equitable society in which all the Chilean can enjoy the benefits of economic development;
The Economic Growth of the Republic of Chile has been followed by a severe drop in the public debt,
stabilization of the Chilean foreign accounts and the increase of the Chilean international reserves;
These competitive advantages of the Republic of Chile are reinforced by his open economy that has meant greater competitiveness, growing international trade and fast integration into the global markets;
The Republic of Chile was the 30th most dynamic economy in the World.
CENCOSUD is one of the largest distribution companies in Latin America, being present in Argentina, Brazil, Chile, and Peru, where the firm has developed a successful multi-strategy.
Chilean International Trade.
40% of the Chilean foreign trade is made with Asia;
The main
trading partners of Chile are China, Argentina, Brazil, USA, Japan, and South Korea;
Top Chilean export products are copper, molybdenum, ferromolybdenum;
pulp, salmon, and wine (these products represent 64% of the total Chilean exports);
Fall in international prices of copper (6.9%);
Increase of the agro-food exports;
In the last fifteen years, the Chilean services industry has generated more than 50% of the gross domestic product of the Republic of Chile;
Chilean service exports have increased at a
rate of 6%;
Chile is a member of the APEC, TPP, Pacific Alliance.
Foreign Direct Investment (FDI) in Chile.
The Republic of Chile has received 22,002 million dollars in foreign direct investment, just behind Brazil and Mexico;
Almost 50% of the FDI received in Chile is invested in the mining sector;
Top destinations of the Chilean foreign direct investment:
Argentina, Brazil, Peru, Colombia, and the United States;
New legal framework for the foreign direct investment.
(c) EENI Global Business School (1995-2023)
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