On June 5, 2017, the Hon. François-Philippe Champagne and Heraldo Muñoz, Chile’s Minister of Foreign Affairs signed Amending Agreements to modernize the Canada-Chile Free Trade Agreement (CCFTA). The modernized CCFTA will support an open, inclusive and progressive rules-based trading environment. The most recent amendments to the CCFTA are:
- Amending Agreement (signed June 5, 2017, not yet in force)
- Amending Agreement In Respect of Investment and Trade and Gender (signed June 5, 2017, not yet in force)
- Proposed amendments to Chapter D (Rules of Origin) and Annex D-01 (Specific Rules of Origin proposed in 2013)
Global Affairs Canada stated that 2017 marks the 20th anniversary of the CCFTA). During that period, bilateral merchandise trade has more than tripled growing to $2.4 billion in 2016. At the end of 2016, the stock of Canadian investment in Chile was $16.5 billion, making Chile the top direct investment destination in South and Central America. For additional information, see the CCFTA page at Global Affairs Canada,