Chile-Turkey Free Trade Agreement

Posted by Annika Helmrich on Thu, Jul, 23 2009 @ 6:32 AM

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Chile is on a trade agreement streak!

On July 14th, Chile signed a new trade agreement with Turkey that will eliminate customs duties on 98

percent of the goods they exchange. Chile's Foreign Ministry says bilateral trade reached $437 million in 2008, with a $103 million surplus for Chile.

According to the AP,

The South American nation ships goods including copper, seafood and wine to Turkey, and imports home appliances and auto products.Chile has now signed free trade accords with 21 countries including the United States, China, South Korea, Mexico and several European nations.

To read the complete article, visit Chile, Turkey sign trade agreement at CNBC.com.

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Topics: Trade Agreements