Chile is a promising market for a wide range of U.S. goods and services. The symbolic importance of the Chile-USA Free Trade Agreement (FTA) far outweighs the economic size of Chile. This agreement establishes the first FTA negotiated in Latin America since the North America Free Trade Agreement (NAFTA) in 1993. The approval of FTA emphasizes the U.S. commitment to free trade in the region and set the stage for future FTAA negotiations covering the Western Hemisphere.

As one of the most dynamic and promising markets in the region, Chile holds a commercial influence in South America due to the energy and professionalism of its entrepreneurs, the transparency of its regulation and the predictability of its decision makers. Chile’s market-led reforms and an increasingly diversified economy offer a viable option for U.S. exporters (importers) operating in a wide range of industries.