Free Trade Agreement (FTA) Chile - EFTA

Free Trade Agreements (FTA) of Chile 

Course summary Free Trade Agreement (FTA) Chile - EFTA

The Chile-EFTA free trade agreement (FTA) entered into force on 1 December 2004. The EFTA States and Chile establish a free trade area by means of this Agreement and the complementary agreements on trade in agricultural goods, concurrently concluded between Chile and each individual EFTA State.

The objectives of the Chile - EFTA Free Trade Agreement (FTA) (ARTICLE 2), as elaborated more specifically through its principles and rules, are to:
(a) achieve the progressive and reciprocal liberalisation of trade in goods, in conformity with Article XXIV of the General Agreement on Tariffs and Trade (hereinafter referred to as "the GATT 1994");
(b) achieve the liberalisation of trade in services, in conformity with Article V of the General Agreement on Trade in Services (hereinafter referred to as "the GATS");
(c) open the government procurement markets of the Parties;
(d) promote conditions of fair competition in the free trade area;
(e) substantially increase investment opportunities in the free trade area;
(f) provide adequate and effective protection and enforcement of intellectual property rights; and
(g) establish a framework for further bilateral and multilateral cooperation to expand and enhance the benefits of this Agreement.

The Agreement with Chile covers all major areas of trade relations including goods, services and investment, government procurement, competition and intellectual property. It also contains stipulations on dispute settlement.

The EFTA-Chile FTA covers trade in industrial products, including fish and other marine products, as well as processed agricultural products.

In 2010, the EFTA States exported goods to Chile worth USD 287 million, while importing goods worth USD 162 million.

Example of the course: Free Trade Agreement (FTA) Chile - EFTA:

Structure of the Chile - EFTA Free Trade Agreement (FTA)

Preamble
Chapter I Initial Provisions
Article 1 Establishment of a free trade area
Article 2 Objectives
Article 3 Territorial Application
Article 4 Relation to other international agreements
Article 5 Trade and economic relations governed by this Agreement
Article 6 Regional and local governments
Chapter II Trade in Goods
Article 7 Coverage
Article 8 Rules of origin and administrative co-operation
Article 9 Elimination of Customs duties
Article 10 Customs duty
Article 11 Fees and other charges
Article 12 Basic duties
Article 13 Import and export restrictions
Article 14 Classification of goods and customs valuation
Article 15 National treatment
Article 16 Sanitary and phytosanitary measures
Article 17 Technical regulations
Article 18 Anti-dumping and countervailing measures
Article 19 Emergency action on imports of particular products
Article 20 Global safeguard
Article 21 General exceptions
Chapter III Trade in Services and Establishment
Section I Trade in Services
Article 22 Coverage
Article 23 Definitions
Article 24 Most-favoured nation treatment
Article 25 Market access
Article 26 National treatment
Article 27 Trade liberalisation
Article 28 Domestic regulation
Article 29 Recognition
Article 30 Movement of natural persons
Article 31 Telecommunications services
Section II Establishment
Article 32 Coverage
Article 33 Definitions
Article 34 National treatment
Article 35 Reservations
Article 36 Right to regulate
Article 37 Final provisions
Section III Payments and Capital Movements
Article 38 Objective and scope
Article 39 Current Account
Article 40 Capital Account
Article 41 Exceptions and safeguard measures
Article 42 Final provisions
Section IV Common Provisions
Article 43 Relation to other international agreements
Article 44 General exceptions
Article 45 Financial services
Chapter IV Protection of Intellectual Property
Article 46 Intellectual property rights
Chapter V Government Procurement
Article 47 Objective
Article 48 Scope and coverage
Article 49 Definitions
Article 50 National treatment and non-discrimination
Article 51 Prohibition of offsets
Article 52 Valuation rules
Article 53 Transparency
Article 54 Tendering procedures
Article 55 Selective tendering
Article 56 Other procedures
Article 57 Qualification of suppliers
Article 58 Publication of notices
Article 59 Tender documentation
Article 60 Technical specifications
Article 61 Time limits
Article 62 Negotiations
Article 63 Submission, receipt and opening of tenders
Article 64 Awarding of contracts
Article 65 Information on contract award
Article 66 Bid challenges
Article 67 Information technology and co-operation
Article 68 Modifications to coverage
Article 69 Further negotiations
Article 70 Exceptions
Article 71 Review and implementation
Chapter VI Competition Policy
Article 72 Objectives
Article 73 Notifications
Article 74 Co-ordination of enforcement activities
Article 75 Consultations
Article 76 Exchange of Information and confidentiality
Article 77 Public enterprises and enterprises trusted with special or exclusive rights, including designated monopolies
Article 78 Dispute settlement
Article 79 Designated authorities
Article 80 Definitions
Chapter VII Subsidies
Article 81 Subsidies/State aid
Chapter VIII Transparency
Article 82 Publication
Article 83 Contact points and exchange of information
Article 84 Cooperation on increased transparency
Chapter IX Administration of the Agreement
Article 85 The Joint Committee
Article 86 The Secretariat
Chapter X Dispute Settlement
Article 87 Scope
Article 88 Choice of forum
Article 89 Good offices, conciliation or mediation
Article 90 Consultations
Article 91 Establishment of arbitration panel
Article 92 Arbitration panel
Article 93 Procedures of the arbitration panel
Article 94 Ruling
Article 95 Termination of arbitration panel proceedings
Article 96 Implementation of arbitration panel rulings
Article 97 Other provisions
Chapter XI General Exceptions
Article 98 Balance of payments difficulties
Article 99 National security clause
Article 100 Taxation
Chapter XII Final Provisions
Article 101 Definitions
Article 102 Annexes and Appendices
Article 103 Amendments
Article 104 Additional Parties
Article 105 Withdrawal and termination
Article 106 Entry into force
Article 107 Relation to the complementary agreements
Article 108 Depositary
Annexes

Example of the course: Free Trade Agreement (FTA) Chile - EFTA (Spanish):

 Educational level: Continuing education / Executive education programs.