Author (Corporate) | European Commission: Spokesman's Service |
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Series Title | Memo |
Series Details | No.58, 1998 (22.07.98) |
Publication Date | 22/07/1998 |
Content Type | Overview |
On the 22 July 1998, the European Commission published a fact sheet which sums up the relations between the European Union and Chile in different areas such as Political Cooperation, Trade. In 1995 the European Union (EU) approved a two phased strategy with Chile which first foresaw the conclusion of a framework agreement on trade and co-operation, in order to prepare for a second step through the political and economic association agreement between the parties. In Trade matters, the EU is Chile's main trading partner. Between 1992 and 1996, exports by the EU to Chile rose considerably more than imports from Chile (75% versus 22% respectively), partly due to a slow-down of economic activity in Europe but also to the considerable growth and opening to trade observed in Chile. However, the trade balance remained negative for the EU during the entire period 1992-1996. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_MEMO-98-58_en.htm?locale=en |
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Countries / Regions | Europe, South America |