Australia-Chile Free Trade Agreement
On 27 May 2008, the Minister for Trade, Simon Crean, and the Chilean Foreign Minister, Alejandro Foxley, concluded the Australia-Chile Free Trade Agreement (FTA) negotiations. On 30 July 2008, the Minister for Foreign Affairs, Stephen Smith and Mr Foxley signed the Agreement. The FTA text was tabled in the Australian Parliament on 17 June 2008.
Delay in entry into force
The FTA will not enter into force on 1 January 2009 (as initially had been planned). Australia will complete its domestic ratification processes on 12 December 2008. However, Chile will unfortunately not be able to complete its domestic ratification processes in time for the FTA to enter into force on 1 January 2009, despite strong encouragement from the Australian Government. The Australian Government understands that Chile now hopes to complete its processes to enable the FTA’s entry into force in the first quarter of 2009.
On 8 December 2006, the Australian Government agreed in-principle to commence a bilateral negotiation process with Chile, with a view to developing a comprehensive FTA to strengthen and deepen the trade relationship. In the first half of 2007, the Department of Foreign Affairs and Trade conducted a series of consultations with Australian industry, state and territory governments and other interested stakeholders to assess barriers to trade with Chile that could be addressed by a free trade agreement. Australian officials also met with Chilean officials to determine the scope for achieving a comprehensive, fully liberalising FTA.
On 18 July 2007 Australia agreed to enter into FTA negotiations with Chile. Four negotiating rounds were held between August 2007 and April 2008 along with two intersessional meetings in March 2008 to progress the negotiations in particular areas. Negotiations were concluded by Ministers on 27 May 2008.
Full text of the Agreement
- Full text of the Agreement (Also available in pdf, 852KB)
- Tariff Schedule of Australia (pdf)
- Tariff Schedule of Chile (pdf)
- Schedule of Product Specific Rules (pdf)
Director, Canada and Latin America Section
Department of Foreign Affairs and Trade
Tel: (02) 6261 3904
Doing Business in Chile
For more information on doing business in Chile and about specific export opportunities, go to the Austrade website. As well as country-specific information, the Austrade website also has a database that can be searched by industry.