Chile, Japan launch FTA


FE Team | Published: September 05, 2007 00:00:00 | Updated: February 01, 2018 00:00:00


SANTIAGO, Sept 4 (Xinhua): The free trade agreement (FTA) signed by Chile and Japan in March took effect yesterday, Chilean media reported.
Japanese Prime Minister Shinzo Abe and visiting Chilean President Michelle Bachelet signed a joint declaration in Tokyo announcing the start of the FTA.
Abe and Bachelet agreed that the FTA would strengthen relations between the two countries.
Abe told Bachelet that Chile would become Japan's biggest trading partner in South America with the launch of the FTA, and Bachelet said Chile would become Japan's doorway into South America.
Japan's FTA with Chile is its first with a South American country and the second in Latin America after its FTA with Mexico.

Share if you like