Sat. Apr 20th, 2019

Chile and Uruguay value the implementation of the Free Trade Agreement

Chile and Uruguay value the implementation of the Free Trade Agreement



The Governments of Chile and Uruguay evaluated today in Santiago the implementation of the Free Trade Agreement between both countries, which will strengthen trade openness and promote good practices in gender equity.

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"Deepening our commercial opening will only mean better and greater opportunities for our economies and entrepreneurs, as well as in terms of employment," said Chilean Foreign Minister Roberto Ampuero, after meeting with his Uruguayan counterpart, Rodolfo Nin Novoa.

The head of Chilean diplomacy stressed that the agreement, which entered into force on December 13, 2018, came to enhance aspects of the existing Agreement on Economic Complementation between Chile and the Common Market of the South (Mercosur) and, in addition, incorporated new subjects.

Both countries committed themselves in the meeting to cooperate in the promotion of good practices in gender equity, small and medium enterprises, innovation and research, labor legislation, environment and electronic commerce.

During the day, both foreign ministers participated in the closing of the seminar "Opportunities for the new Free Trade Agreement (FTA) between Chile and Uruguay", whose objective was to inform society about the details of this initiative.

For his part, Minister Nin Novoa said that "Chile and Uruguay are consolidated democracies with strong institutions and macroeconomic stability and are nations that harmoniously articulate social status and market economy."

After the meeting, both foreign ministers held a meeting where they signed two agreements.

The first, focused on the Cooperation in Consular and Migratory Issues, which aims to establish a bilateral commission to address the challenges related to migration, the design of consular migratory cooperation programs and the search for initiatives to take charge of problems such as trafficking. of people, migrant smuggling, among others.

The second agreement was signed within the framework of reciprocal aid in the Antarctic theme. Thus, both countries signed a Scientific Cooperation agreement in the area, which will further expand the horizon of the relationship between Chile and Uruguay in the white continent.

Foreign Minister Ampuero stressed that the meeting with Foreign Minister Nin Novoa was "very important" because it was agreed to "revitalize the relationship between the two nations and hold a meeting of Political Consultations next May" to be held in Santiago again.

In addition, the Minister of Foreign Affairs of Chile highlighted the cooperation agenda between both countries, which will prioritize issues such as environment, natural resources and energy, as well as institutional strengthening.

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