date:Jul 03, 2019
Ecuador and Chile are taking the first steps to negotiate an FTA to replace the current Economic Complementation Agreement (ACE) with the objective of increasing bilateral exchange and diversifying the exportable supply, giving the negotiations a clearer, more modern and transparent legal framework.
Last year, the exchange of goods and services between Chile and Ecuador amounted to 2.109 billion dollars, i.e. 8.6% more than in 2017. Chilean exports reached 493 million dollars, while Ecuadorian