China-Chile Free Trade Agreement
The China-Chile free trade agreement goes into effect this weekend. From a news report:
The bilateral Free Trade Agreement is expected to eventually exempt 97 per cent of all trade goods from import tariffs.
Effective from today, China will lift tariffs on 2,834 products imported from Chile, including copper.
Chile will give duty free status to 5,891 commodities from China, including vegetables, fruits, mechanical and electrical equipments.
