EU-Chile Advanced Framework Agreement

Disclaimer: In view of the Commission's transparency policy, the Commission is publishing the Trade and Investment pillar of the EU-Chile Advanced Framework Agreement following the political conclusion between the Parties, announced 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
  1. An Interim Trade Agreement (iTA) covering trade and investment liberalisation. The iTA will expire when the Advanced Framework Agreement enters into force.

In view of this legal architecture, the Commission is therefore publishing: a) the text of the Interim Trade Agreement (iTA) in its entirety; and b) the texts of Chapter 10 “Investment”, Chapter 18 “Financial Services” and Chapter 20 “Capital Movements” of the Advanced Framework Agreement, which include investment protection provisions.

The texts are published for information purposes only and may undergo further modifications including as a result of the process of legal revision. However, in view of the growing public interest in the negotiations, the texts are published at this stage for information purposes. These texts are without prejudice to the final outcome of the agreement between the EU and Chile.

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).

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EU-Chile Interim Trade Agreement

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