Editing Geography of Chile (section)

== Economic geography ==
Chile maintains a market-oriented economy with high levels of foreign trade compounded by strong financial institutions. These factors have given Chile the highest sovereign bond rating in South America.<ref name="cia.gov"/> Chile is committed to trade liberalization and has 26 trade agreements covering 60 countries. In May 2010 Chile became the first South American member of [[OECD]] (Organisation for Economic Co-operation and Development). Chile's top 3 importing partners are China, the United States, and Brazil.<ref>{{cite web |title=South America:: Chile |url=https://www.cia.gov/the-world-factbook/countries/chile/ |website=CIA World Factbook |access-date=2 November 2018}}</ref> In November 2005, Chile and China signed the China-Chile Free Trade Agreement. More than 90% of Chile's imports enter China duty-free.
The United States-Chile Free Trade Agreement began in 2004. Since 2015, 100% of U.S. imports have been entering Chile duty-free. Consumer and Industrial export products enter Chile duty-free as well.<ref>{{cite web |title=Chile Free Trade Agreement |url=https://ustr.gov/trade-agreements/free-trade-agreements/chile-fta |website=United States Trade Representative |access-date=2 November 2018}}</ref> Since 2017, Chile and Brazil have been negotiating a trade deal that's on track to be signed by the end of 2018.<ref>{{cite news |last1=Mandl |first1=Carolina |title=Brazil and China set to sign free trade deal year-end |url=https://www.reuters.com/article/us-brazil-chile-trade/brazil-and-chile-set-to-sign-free-trade-deal-by-year-end-idUSKCN1MV0NK |newspaper=Reuters |access-date=2 November 2018|date=2018-10-21 }}</ref> Chile's top three exporting partners are China, the United States, and Japan. Chile and Japan were previously in Economic Partnership Agreements. In 2018, Chile and Japan were among the eleven nations that signed the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership. This trade pact aims to reduce tariffs, enforce environmental standards and remove barrier regulations.<ref>{{cite news |last1=McDonald |first1=Tim |title=Asia-Pacific Trade Deal Signed by 11 Nations |url=https://www.bbc.com/news/business-43326314 |website=BBC News |publisher=BBC |access-date=3 November 2018|date=2018-03-08 }}</ref>