An association between the EC and its Member States, of the one part

This procedure concerns updating the trade and investment chapter of the existing EU-Chile Association Agreement. It aims to align the agreement with modern trade practices and address new challenges, fostering closer economic ties between the EU and Chile.

The updated provisions will affect businesses, consumers, and investors by setting clearer rules for trade in goods and services, intellectual property, and sustainable development. It seeks to create a more predictable and favourable environment for economic activity.