At the beginning of 2016, Chile and Uruguay decided to take their economic relationship to a higher level by agreeing to launch negotiations for a new-generation free trade agreement. This agreement will include those trade issues already negotiated in the Economic Complementation Agreement between Chile and MERCOSUR (ACE 35), in force since 1996, incorporating new trade disciplines that will deepen their bilateral trade relations.
The second round of free trade negotiations between Chile and Uruguay was held in Santiago, Chile, on 12 April 2016. The third round took place in May 2016, in Montevideo, Uruguay. Chile and Uruguay reached consensus on important aspects of their future FTA during the fourth round of negotiations that took place in Chile on August 4, 2016.
Chile and Uruguay signed the Chile-Uruguay Free Trade Agreement on October 4, 2016. This is a "last generation" agreement that includes issues such as e-commerce, environment, labor, trade and gender, SMEs, cooperation, and transparency and corruption.
| 04 October 2016 |
Montevideo, Uruguay. Chile and Uruguay sign Free Trade Agreement    |
| 04 August 2016 |
Santiago, Chile. Fourth round of free trade negotiations between Chile and Uruguay |
| 23 May 2016 |
Montevideo, Uruguay. Third round of free trade negotiations between Chile and Uruguay |
| 12 April 2016 |
Santiago, Chile. Second round of free trade negotiations between Chile and Uruguay |
| 23 February 2016 |
Montevideo, Uruguay. First round of free trade negotiations between Chile and Uruguay |
| Source: Dirección
General de Relaciones Económicas Internacionales, Chile (DIRECON); Ministerio de Relaciones Exteriores, Uruguay |
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