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Economy & Business - March 2023

ECONOMIC HIGHLIGHTS

CHILE | Trans-Pacific Partnership membership officialised. Chile’s foreign ministry on 21 February announced that the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) had finally come into force in the country, with Chile taking part in its first virtual meeting as an official member of the trade agreement a day earlier. The senate ratified Chile’s membership of the CPTPP in October of last year, three years after it was first approved in the lower house. Chile is the 11th signatory to the trade deal, alongside Australia, Brunei Darussalam, Canada, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore, and Vietnam.

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