EU-Chile: Text of the agreement

EU-Chile Advanced Framework Agreement

Disclaimer: In 2017, the EU and Chile agreed to modernise the 2002 Association Agreement and replace it with a new-generation Advanced Framework Agreement (AFA) that reinforces and deepens their bilateral relationship. The negotiations between the EU and Chile reached their political conclusion in Brussels on 9 December 2022. 

The modernisation of the existing EU-Chile Association Agreement foresees two parallel legal instruments:

1. The Advanced Framework Agreement, that will include, a) the Political and Cooperation pillar, and b) the Trade and Investment pillar (inclusive of investment protection provisions), and;

2. An Interim Trade Agreement (iTA) covering trade and investment liberalisation.

These instruments are expected to be signed and concluded in parallel. The iTA will remain in force only until the AFA is fully ratified and enters into force. 

In view of the Commission's transparency policy and of growing public interest in the negotiations, the Commission published upon its political conclusion the Trade and Investment Pillar of the EU-Chile Advanced Framework Agreement. It was published for information purposes only, and thus subject to further modification, including as a result of the process of legal revision.

In the context of the EU's internal procedures, on 5 July 2023 the Commission sent the Advanced Framework Agreement and the Interim Trade Agreement to the Council to authorise their signature. Once the Council has given its green light, the EU will sign the agreements with Chile.   

The Commission is therefore now publishing:

• Commission proposals for draft Council decisions on the signature and provisional application of the EU-Chile Advanced Framework Agreement
• Commission proposals for draft Council decisions on the conclusion of the EU-Chile Advanced Framework Agreement.
• Commission proposals for draft Council decisions on the signature and conclusion of the EU-Chile Interim Trade Agreement

The texts will be final upon signature. The agreement will become binding on the Parties under international law only after completion by each Party of its internal legal procedures necessary for the entry into force of the Agreement (or its provisional application).

---------------------------------

EU-Chile Interim Trade Agreement (as published upon its political conclusion in December 2022)

Summary of the Trade and Investment Pillar

Preamble

01  General provisions
02  Trade in goods
03  Rules of origin and origin procedures
04  Customs and trade facilitation
05  Trade remedies
06  Sanitary and phytosanitary matters related to animals and animal products, plants and, plant products
07  Cooperation on sustainable food systems
08  Energy and raw materials
09  Technical barriers to trade
10  Investment liberalisation
11  Cross-border trade in services
12  Temporary presence of natural persons for business purposes
13  Domestic regulation
14  Mutual recognition of professional qualifications
15  Delivery services
16  Telecommunications services
17  International maritime transport services
18  Financial services
19  Digital trade
20  Capital movements, payments and transfers and temporary safeguard measures
21  Public procurement
22  State-owned enterprises, enterprises granted special rights or privileges and designated monopolies
23  Competition policy
24  Subsidies
25  Intellectual property
26  Trade and sustainable development
27  Trade and gender equality
28  Transparency
29  Good regulatory practices
30  Small and medium sized enterprises
31  Dispute settlement
32  Exceptions
33  Institutional and final provisions

Annexes

02a  Trade in goods - tariff schedules - General provisions
02a  Trade in goods - tariff schedules - EU
02a  Trade in goods - tariff schedule - Chile
03a  Annex 1 - Rules of Origin (except Annex 2)
03a  Annex 2 - Product Specific Rules of Origin
04a  Protocol Mutual Administrative Assistance in Customs Matters
06a  Sanitary and phytosanitary
09a  Motor vehicles and equipment
09a  Technical Barrier to Trade
11a  Explanatory note
11a  Annex I Existing measures/schedule of the European Union
11a  Annex I Schedule of Chile
11a  Annex II Future measures
11a  Annex II Schedule of Chile
11a  Annex III Chile - Market Access
11a  Annex III Market access commitments/schedule of the European Union
11a  Annex IV Business visitors
11a  Annex V contractual service suppliers and independent professionals
11a  Annex VI Financial services
11a  Services - Movement of Persons - Procedural commitments
18a  Annex Market Access
18a  Annex Non-conforming measure
21a  Government procurement Chile
21a  Government procurement EU
22a  State-owned enterprises - Non conforming measures – Chile
31a  Code of Conduct
31a  Rules of procedure

EU-Chile Advanced Framework Agreement

10  Investment
18  Financial Services
20  Capital movements

Joint Statements and Declarations

Joint statement on trade and sustainable development 
Joint Interpretative Declaration on the Investment Protection Agreement