Free Trade Agreements (FTA) of Chile
Course summary Free Trade Agreement (FTA) Chile - Central America (Costa Rica, El Salvador,
Guatemala, Honduras, Nicaragua)
In 1998, the governments of Chile and the Central American countries - Costa
Rica, El Salvador, Guatemala, Honduras, and Nicaragua, announced their intent to
negotiate a free trade agreement.
The objectives of this Agreement are to:
(a) Further develop the free trade zone;
(b) encourage the expansion and diversification of trade in goods and
services among the Parties;
(c) promote conditions of fair competition in the free trade area;
(d) eliminate barriers to trade and facilitate the circulation of goods
and services in the free trade area;
(e) promote, protect and substantially increase investments in each Party; and
(f) establish effective procedures for the application and observance of this
Agreement, for its joint administration and for dispute settlement.
The agreement consists of a common set of disciplines, applicable to the
relationship between Chile and each of the Central American countries, with
bilateral protocols negotiated subsequently between Chile and each Central
American country. On 23 February 2011, Chile and Nicaragua signed the
corresponding bilateral protocol, completing the series of bilateral protocols
signed between Chile and Central America under the framework of the FTA.
In 2009, trade between Central America and Chile totaled 558.3 million
USD (a decrease of 37.7% over the previous year). The value of exports amounted
to 121.5 million USD. The main goods exported to Central America in 2009 were
sugar cane, this product accounted for 72.0% of total exports from Central
America to Chile.
Example of the course: Free Trade Agreement (FTA) Chile -
Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua) in
Spanish:
Educational level: Continuing education / Executive education programs.
International Business
.
