Member States of the European Free Trade Association (EFTA) (Iceland, Liechtenstein, Norway, and Switzerland) and Chile convened for the seventh round of negotiations in Santiago de Chile to conclude negotiations on the modernisation of the existing EFTA-Chile Free Trade Agreement (FTA).
Erik Andreas Underland, Specialist Director in the Norwegian Ministry of Trade, Industry and Fisheries, acted as the EFTA spokesperson during the negotiation process.
Sebastián Gómez, Director General of Bilateral Economic Affairs at the Undersecretariat for International Economic Affairs, headed the Chilean delegation.
The EFTA-Chile FTA entered into force in 2004, and the modernisation process was initiated in 2019. The EFTA States and Chile managed to conclude an ambitious and comprehensive Agreement, modernising trade in goods, trade in services including financial services, intellectual property rights and government procurement.
The updated FTA will further include chapters on trade and sustainable development, digital trade and, for the first time in EFTA’s history, a chapter on small and medium-sized enterprises (SMEs).
Efta.int
