Argentina and Chile have just concluded negotiations on a Trade Liberalization Agreement to continue advancing bilateral integration, stimulate investments, strengthen value chains and conquer new markets together.
This negotiation is part of the rapprochement between Mercosur and the Pacific Alliance. Chile's new 1996 agreement with Mercosur will be signed in November in Buenos Aires.
Together with the agreement to avoid double taxation, this update of legal norms should encourage economic ties and send a positive signal to the World Trade Organization (WTO), which opens on December 10 in Buenos Aires with Michel Bachelet.
With the addition of a chapter on Trade facilitation and customs procedures The aim is to ensure that trade operations are expeditious and tariff preferences are applied correctly.
in matter Sanitary and Phytosanitary, The parties agree to deepen transparency and notification procedures.
The improvements are made guarantees to national service providers, in its exports to Argentina. This establishes that international rooming tOne year after the agreement is signed, mobile phone providers will have to charge the same rates as those they apply to mobile services in their own country.
The agreement It also facilitates electronic commerce and incorporates a mutual recognition agreement which strengthens the use of digital signatures to simplify procedures.
Argentina and Chile have taken a significant step towards their integration in order to promote the development of both countries.
Source: El Financiero
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