Free Trade Agreement Argentina Chile

According to Ravier, the Mercosur bloc has isolated itself and moved away from the world economy, unlike Chile, which has signed a large number of bilateral agreements essential to the development of its economy. Bilateral Trade In 2018, Chile`s trade with Argentina was $4.201 billion, up 7.9% from 2017. [7] In the specific case of the chapter on gender and trade (Chapter 15), this free trade agreement states that the goal is to achieve “the fairest participation of men and women in trade, industry and the world of work.” The emphasis is on “women`s economic empowerment,” but nothing is said about the impact of trade liberalization on all aspects of women`s lives. [5] Chile has signed more or less comprehensive free trade agreements with the United States, Canada, the European Union, EFTA, South Korea, Japan, Central America and Mexico. In June 2005, it reached a four-lane agreement with its Pacific neighbours Brunei, New Zealand and Singapore (P-4). In June 2006, it signed a free trade agreement with Panama. In February 2010, it signed a contract with Guatemala. The agreement has been the subject of five rounds of negotiations and will lead to further economic integration between Argentina and Chile. “It will allow us to integrate our stronger countries, faster and bring reciprocal benefits to both peoples,” Piaera said in a joint statement with Mauricio Macri. The agreement further strengthens ties with the Pacific Alliance and MerCOSUR countries. [9] international investment agreements (AI) are divided into two types: (1) bilateral investment agreements and (2) investment contracts. A bilateral investment agreement (ILO) is an agreement between two countries to promote and protect investments made by investors from the countries concerned in the territory of the other country. The vast majority of IDu are bits.

The category of contracts with investment rules (TIPs) includes different types of investment contracts that are not BITs. There are three main types of TIPs: 1) global economic contracts that contain commitments that are often included in ILOs (. B, for example, a free trade agreement with an investment chapter); 2. contracts with limited investment provisions (for example. B, investment creation or free transfer of investment-related funds; and 3) contracts that contain only “framework clauses,” such as. B on investment cooperation and/or a mandate for future investment negotiations. In addition to IDAMIT, there is also an open category of investment-related instruments (IRIs). It includes various binding and non-binding instruments, such as model agreements and draft instruments, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organisations and others. Two incidents show how this is handled in both congresses.

On the one hand, the Argentine Senate, which recently submitted the free trade agreement to ratification, sent the agreement only to a committee on foreign relations, where the only representatives of “civil society” invited were the Argentine Chamber of Commerce and Services, the Argentine Chamber of Biofuels, the Exporters` Chamber of Commerce and the Argentine Industrialists` Union (UIA). With the exception of this “debate”, representatives of sectors concerned with the regulatory chapters of the agreement, which are, as we have said, their strong parties: representatives of public health organizations, education, women`s trade unions, M-MEs organisations, rural areas, etc. Chile is one of the Latin American countries that most actively pursues bilateral trade agreements.