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ARTICLE · 23 SEPTEMBER 1997

Canada - Chile Free Trade Agreement - Initialled

Deloitte & Touche
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ChileLitigation, Mediation & Arbitration
On 18 November 1996, Chile and Canada initialled a free trade agreement. When the agreement enters into force (expected on 2 June 1997), products representing 80% of trade will be free from import duties and other barriers. Most of the other products will be free within a period not exceeding 6 years. Some agricultural products (rice, oil, sugar, wheat and flour) will be free within 10, 15, 16 or 18 years.

The agreement will be completed in June 1997 when the countries meet for purposes of negotiating a double taxation treaty.

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