To ask the Secretary of State for International Trade, what recent steps her Department has taken to help increase the quantity of trade between the UK and Chile.
Answered on
1 June 2021
Trade between the United Kingdom and Chile was worth £1.4bn in 2020. Last year, my Department successfully negotiated and brought into force the United Kingdom-Chile Association Agreement that maintains preferential trading conditions, providing certainty for businesses.
Chile is also a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and is supportive of the United Kingdom’s planned accession.
In October 2020, I co-chaired the inaugural Anglo-Chilean dialogue where we agreed to work together to boost trade in important sectors such as Financial Services, Life Sciences, and Infrastructure.