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Chile, EU sign agreement to boost cooperation

Mr Roger K. Olsson | 25.07.2007 02:34 | Analysis | Other Press | London | World

Giuen Media



Tuesday, July 24, 2007


Jul. 24, 2007 (Xinhua News Agency delivered by Newstex) -- Chile, EU sign agreement to boost cooperation

SANTIAGO, July 24 (Xinhua) -- Chile and the European Union (EU) on Tuesday signed a cooperation agreement to boost political and economic relations from 2007 to 2013, said Chile's Foreign Ministry.

The agreement was signed during the third Chile-European Union Association Council meeting at the EU headquarters in Brussels, by Chile's Foreign Minister Alejandro Foxley and the EU's Foreign Affairs Commissioner Benita Ferrero-Waldner.

Foxley called for a more open EU market for Chile's farm products. In an effort to triple or quadruple its trade with the EU in the next two years, the Latin American country hoped to add olive oil and seafood to the exported items. It also hoped for a bigger meat export quota.

Exports to the bloc have doubled and EU investments in Chile have reached 65 billion U.S. dollars since the signing of a Chile-EU cooperative agreement in 2003, said the Ministry.

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Mr Roger K. Olsson
- e-mail: rogerkolsson@yahoo.co.uk
- Homepage: http://giuen.wordpress.com