RIO DE JANEIRO, BRAZIL - Much has been heard in recent months -and years- about the importance of the network of 30 free trade agreements with 65 countries for the Chilean economy. But what is their accurate weight? Foreign trade is equivalent to 60% of the country's Gross Domestic Product (GDP) and last year 94.2% of the value of products exported from Chile went to countries or blocs with trade agreements in force.
A study by the Undersecretariat for International Economic Relations (Subrei) recalls that import tariffs are the main barrier Chilean goods face when they reach their destination . . .