Editing Economy of Chile (section)

====Trade agreements====
[[File:Chile FTA.png|thumb|Nations that have an FTA with Chile appear in dark blue, those that have not ratified a negotiated FTA in light blue, and those in FTA negotiations in purple. Chile is in red.]]
Over the last several years, Chile has signed FTAs with the European Union, South Korea, New Zealand, Singapore, Brunei, China, and Japan. It reached a partial trade agreement with India in 2005 and began negotiations for a full-fledged FTA with India in 2006. Chile conducted trade negotiations in 2007 with Australia, Malaysia, and Thailand, as well as with China to expand an existing agreement beyond just trade in goods. Chile concluded FTA negotiations with Australia and an expanded agreement with China in 2008. The members of the P4 (Chile, Singapore, New Zealand, and Brunei) also plan to conclude a chapter on finance and investment in 2008.<ref name="countrystudies"/>

Successive Chilean governments have actively pursued trade-liberalizing agreements. During the 1990s, Chile signed [[free trade agreement]]s (FTA) with Canada, Mexico, and Central America. Chile also concluded preferential trade agreements with Venezuela, Colombia, and Ecuador. An association agreement with Mercosur-Argentina, Brazil, Paraguay, and Uruguay-went into effect in October 1996. Continuing its export-oriented development strategy, Chile completed landmark free trade agreements in 2002 with the European Union and South Korea. Chile, as a member of the Asia-Pacific Economic Cooperation (APEC) organization, is seeking to boost commercial ties to Asian markets. To that end, it has signed trade agreements in recent years with New Zealand, Singapore, Brunei, India, China, and most recently Japan. In 2007, Chile held trade negotiations with Australia, Thailand, Malaysia, and China. In 2008, Chile hopes to conclude an FTA with Australia, and finalize an expanded agreement (covering trade in services and investment) with China. The P4 (Chile, Singapore, New Zealand, and Brunei) also plan to expand ties through adding a finance and investment chapter to the existing P4 agreement. Chile's trade talks with Malaysia and Thailand are also scheduled to continue in 2008.<ref name="countrystudies"/>

After two years of negotiations, the United States and Chile signed an agreement in June 2003 that will lead to completely duty-free bilateral trade within 12 years. The U.S.-Chile FTA entered into force 1 January 2004, following approval by the U.S. and Chilean congresses. The FTA has greatly expanded U.S.-Chilean trade ties, with total bilateral trade jumping by 154% during the FTA's first three years.<ref name="countrystudies"/> On 1 January 2014, Chile-Vietnam Free Trade Agreement officially took effect.<ref>{{cite web|url=http://wtocenter.vn/other-agreement/vietnam-chile-free-trade-agreement-vcfta|title=Vietnam-Chile Free Trade Agreement (VCFTA) – WTO and International trade Policies|website=wtocenter.vn|access-date=22 March 2018|archive-url=https://web.archive.org/web/20170920043903/http://wtocenter.vn/other-agreement/vietnam-chile-free-trade-agreement-vcfta|archive-date=20 September 2017|url-status=dead}}</ref>