September
24th, 2009 - The SEA-LAC Trade Center and the
Embassy of Chile, Thailand was jointly organizing
a seminar on of “The opportunities of Trade
and Investment in Chile”. The honorable keynote
speaker was H.E. Alberto Yoacham, Ambassador of
Chile, Thailand.
Chile, officially the Republic of Chile, is a
country occupying a long and narrow coastal strip
on the Pacific Ocean, with a coastline stretching
6,435 kilometers. It borders Argentina to the
east, Peru to the north, Bolivia to the northeast.
The attractive points of Chile are its open economy
and dynamic growth occurring within the framework
of a free-enterprise model, based on competitive
market, together with maintaining political and
economic stability and legal certainty. Moreover,
the active policy of bilateral, regional, and
multilateral trade agreements have shaped Chile
into a highly competitive country in the global
market. Since 1990, Chile has consolidated its
position as an active partner by building an extensive
network of FTAs. Chile has signed the FTAs more
than 50 countries, including ASEAN countries (Singapore,
Brunei), and other five countries of ASEAN +6
(Japan, South Korea, China, Australia and New
Zealand). Between 1990 and 2007, Chile’s
economy expanded at an average of 6%. The main
industries of Chile are manufactured goods, agricultural,
and mineral sectors. However, Chile still needs
products in several groups from foreign markets,
thus ASEAN countries have market potential in
Chile.
Nevertheless, trade and investment activities
between countries in ASEAN and Chile are still
at a low level. The SEA-LAC Trade Center, as the
central organization of promoting trade and investment
between Southeast Asian (SEA) and Latin American
and Caribbean (LAC) regions, aims to provide the
knowledge of Trade and Investment in Chile to
public and private sectors, academic institutions,
and people in order to attain greater trade and
investment between the two regions in the future.