EU-Chile Advanced Framework Agreement

Chile and the European Union concluded an Association Agreement in 2002 which entered into force in February 2003. The existing EU-Chile Association Agreement is currently being modernised through the Advanced Framework Agreement, and an Interim Trade Agreement. If approved, the new agreement will remove most the remaining trade tariffs on goods, including those products who benefits already from preferential tariffs, including but not limited to: 

• Agglomerated and reduced iron;
• Alumina, scrap metal;
• Ammonia, crude steel;
• Aluminum, nitrogen fertilizers;
• Solar PV modules, solar cells, solar wafers;
• Polysilicon;
• Battery packs, battery cells;
• Anodes and cathodes;
• Electrolysers;
• Heat pumps, electric vehicles, ICE cars;

Rules of origin delineated in the Advanced Framework Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin above 15 per cent of the ex-works price of the product to benefit from preferential tariff treatment. 

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