Analysis of the prospects for updating the trade pillar of the European Union-Chile Association Agreement

Volume, number, page
60 p.
Year of Publication
2016
Author(s)
POLANCO Rodrigo
Organization Name
European Parliament
City
Brussels
Country of Publication
Belgium
Full Date
June 2016
ISBN or ISSN
978-92-823-9363-5
Considered Countries
Chile
Category
Official Documents
Theme
Country - European Union
Agreements
Association Agreeements
Government
Business
Keyword(s)
European Union
Latin America
Revision of an agreement
Commercial policy
Liberalisation of trade
Foreign trade policy
Investments
Intelectual Property
Association Agreement
Technical regulations
NAFTA
Free Trade Agreements
Free Trade
Bilateral trade agreements
Abstract
The perception of the present state of trade relations with Chile is obscured by a lack of adequate understanding of its legal framework as well as of the policy behind it. This study attempts to clarify the present state of and future prospects for trade between the EU and Chile through an examination of previous agreements and the EU’s new approach to trade liberalisation. The authors agree with the large consensus existing on both the EU and Chilean sides regarding the efficacy of the Association Agreement, but note that any extension of an agreement with Chile should capture the spirit of older EU agreements rather than simply following the ‘NAFTA route’. The study also includes a comparative analysis
between the EU-Chile agreement and current trade agreements being negotiated by the EU and Chile with third countries.