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Chile and Paraguay conclude the first round of modernization of the Free Trade Agreement

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 Chile and Paraguay completed the First round of negotiations for the deepening of the Partial Economic Complementation Agreement (ACE) No. 35 of ALADI, with the aim of incorporating new disciplines into the Free Trade Agreement, the Paraguayan Foreign Ministry reported.

El release He explained that in this first round of negotiations, held virtually over three days, issues such as trade and the environment, trade and labor issues, trade facilitation, electronic commerce, services, competition, SMEs, good regulatory practices, and regional and global value chains were addressed.

In addition, technical barriers to trade, sanitary and phytosanitary measures, as well as institutional and dispute settlement aspects.

The negotiations were coordinated by the Ministry of Foreign Affairs and included technical teams from the Ministry of Industry and Commerce, the Ministry of Agriculture and Livestock, the National Customs Directorate, the National Competition Commission and the National Telecommunications Commission.

In this first round They made significant progress in economic and commercial cooperation, global value chains, transparency, trade and the environment, trade in services, trade and gender, labour issues, telecommunications, trade facilitation, competition policy, MSMEs, sanitary and phytosanitary measures, and technical barriers to trade.

La The next round will take place, in principle, in December.; the date will be defined by mutual agreement.

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