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Towards an EU-Chile Advanced Framework Agreement
The EU and Chile concluded negotiations to modernise the existing EU-Chile Association Agreement on 9 December 2022.
The negotiating directives were first adopted by the Council in November 2017, setting out the scope of the negotiations.
The modernised EU-Chile Advanced Framework Agreement deepens the trade and investment relationship between the EU and Chile. It removes most the remaining trade tariffs on goods, facilitates increased trade in services, and makes it easier for small companies to do business.
The Advanced Framework includes a new chapter on trade and sustainable development. The commitment to sustainable trade practices covers climate change, energy, the environment, raw materials, disaster risk reduction, and sustainable food systems. The agreement also includes social issues such as labour rights, gender equality, and responsible business conduct.
Today, the European Union and Chile have concluded negotiations on the EU-Chile Advanced Framework Agreement.
As part of its transparency commitment, the European Commission today published the report summarising progress made during the seventh round of negotiations for the modernisation of the Trade part of the EU-Chile Association Agreement took place from 25 to 29 May.