Australia and Chile share a strong bilateral relationship which was formally established on the 27th December 1945 at the San Francisco Conference. Both economies are major mining and agricultural producers, with a strong focus in the Asia-Pacific region.
The two countries are members of the Cairns Group (to ensure that agricultural trade reform issues are a priority in the WTO Doha Round) and APEC (where they cooperate to promote trade and investment liberalisation in the Asia-Pacific region). The two countries have many other shared interests including: environment, regional security, Antarctica issues, etc.
There have been several important developments in the bilateral relationship during the last decade including: stronger air links between the two countries that followed from the introduction of the direct Qantas/LanChile code share flights, increasing the numbers of visitors to the respective countries and neighbour countries; the introduction of an international scholarship program (Sistema Bicentenario Becas Chile) where Australia and New Zealand were selected by Chile as a pilot for the first tranche of the program; and of course the Australia-Chile Free Trade Agreement (FTA). Download the full FTA document in English or Spanish here.
The Australia-Chile FTA was signed by the Governments of Australia and Chile at Parliament House in Canberra on the 30th July 2008 and entered into force on the 6th March 2009. It was Australia’s first FTA with a Latin American country. The agreement, based on the World Trade Organisation rules and the multilateral trading system, has eliminated export duties of around 97% of goods exported in both directions.
Key FTA Benefits
Australia and Chile’s Market Features