| Author (Corporate) | Council of the European Union: General Secretariat |
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| Series Title | Press Release |
| Publication Date | 22/01/2018 |
| Content Type | News |
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Further information: The aim is to update the EU-Chile Association Agreement to bring its political and cooperation ambitions and trade provisions into line with the EU's modern agreements. The Council's decision was formally made at a meeting of the Foreign Affairs Council. The European Parliament had already approved a set of recommendations regarding these negotiations. The plenary vote was held on 14 September 2017. The first round of negotiations was scheduled to take place on 16 November and a second one in early 2018. Background information: The Association Agreement between Chile and the European Union was signed in 2002 and provisionally applied since February 2003 - including the trade provisions. The rest of the agreement was implemented in 2005. It includes a comprehensive Free Trade Agreement (FTA) pillar that has led to a significant increase in trade in goods and services between the EU and Chile. The Council of the European Union approved on 13 November 2017 a mandate for the EU to conduct negotiations with Chile for a modernised Association Agreement (AA). On 22 January, the Council decided to publish the mandate given to the European Commission. |
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| Source Link | Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2017/11/13/council-agrees-to-launch-negotiations-to-modernise-association-agreement-with-chile/ |
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| Subject Categories | Trade |
| Countries / Regions | Europe, South America |
