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EU-Chile FTA negotiations

20 May 2004

 The successful conclusion of trade negotiations

 with Chile were announced by Commissioner Lamy on April 26th. While

 details of the agreement were not released, since it still has to

 undergo the various approval processes, it was announced that the

 agreement covered all area of trade relations and went 'well beyond

 our respective WTO commitments'. The trade in goods component of

 the agreement did however cover all sectors including agricultural

 and fisheries products. The agreement also included a 'fully fledged

 free trade agreement in services', an investment agreement, a wines

 and spirits agreement, an ambitious and very wide agreement on public

 procurement, and a sanitary and phytosanitary agreement. It also

 included rules on competition, intellectual property and an ambitious

 agenda for trade facilitation.

Editorial comment

 The areas covered by the EU-Chile agreement are all areas flagged

 for negotiations under the EU negotiating directives for the forthcoming

 ACP-EU EPA negotiations. Close consideration of the scope of the

 EU-Chile agreement will provide valuable insights into the likely

 EU approach to the forthcoming EPA negotiations.