Inaugural Australia-Chile Economic Leadership Forum
The fifth anniversary of the ACIFTA was marked during the inaugural Asia Pacific Platforms: Australia Chile Economic Leadership Forum held on 11-12 December 2014 in Santiago, Chile.
Signing of amendment to Chapter 15 in Santiago, Chile
Australia-Chile FTA comes into force - 5 March 2009
The FTA eliminates immediately Chile's tariffs on almost 92 per cent of tariff lines covering 97 per cent of goods currently traded.
This includes Australian exports of coal, meat, wine and key dairy products. Tariffs on all existing merchandise trade will be eliminated by 2015.
Reflecting the Government's increasing focus on helping services suppliers, the FTA includes commitments by Chile to maintain an open and non-discriminatory market for Australian services, including in important sectors for Australia such as education, professional services, mining, engineering, management consulting and financial services.
Chile is Australia's third largest trading partner in Latin America and there are approximately 120 Australian companies actively trading with Chile.