Analysis of the Prospects for Updating the Trade Pillar of the European Union-Chile Association Agreement

European Parliament's online database, 'Think tank', 2016

71 Pages Posted: 30 Jun 2016 Last revised: 10 May 2017

See all articles by Rodrigo Polanco

Rodrigo Polanco

University of Chile - Faculty of Law; World Trade Institute - University of Bern

Ramon Torrent

University of Barcelona

Date Written: June 2016

Abstract

The perception of the present state of trade relations with Chile is obscured by a lack of adequate understanding of its legal framework as well as of the policy behind it. This study attempts to clarify the present state of and future prospects for trade between the EU and Chile through an examination of previous agreements and the EU's new approach to trade liberalisation. The authors agree with the large consensus existing on both the EU and Chilean sides regarding the efficacy of the Association Agreement, but note that any extension of an agreement with Chile should capture the spirit of older EU agreements rather than simply following the 'NAFTA route'. The study also includes a comparative analysis between the EU-Chile agreement and current trade agreements being negotiated by the EU and Chile with third countries.

Keywords: European Union, Chile, Preferential Trade Agreements

JEL Classification: F13, K33

Suggested Citation

Polanco Lazo, Rodrigo and Torrent, Ramon, Analysis of the Prospects for Updating the Trade Pillar of the European Union-Chile Association Agreement (June 2016). European Parliament's online database, 'Think tank', 2016, Available at SSRN: https://ssrn.com/abstract=2802511

Rodrigo Polanco Lazo (Contact Author)

University of Chile - Faculty of Law ( email )

Avda. Santa MarĂ­a 076 Piso 4
Providencia, Santiago
Chile, Santiago
Chile

HOME PAGE: http://www.derecho.uchile.cl

World Trade Institute - University of Bern ( email )

Hallerstrasse 6/8
Berne, CH-3012
Switzerland

HOME PAGE: http://www.wti.org

Ramon Torrent

University of Barcelona ( email )

Gran Via de les Corts Catalanes, 585
Barcelona, 08007
Spain

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