Travel guide: Partnership at eye level? – The EU-Chile Trade and Investment Agreement

In order to further deepen trade between the EU and resource-rich Chile and, above all, to further promote trade in raw materials and agricultural products, the economic partners have extended their agreement, which has been in place since 2003. A chapter on energy and raw materials, special rights for corporations and other, not effectively enforceable chapters on trade and gender equality as well as sustainable food systems have been added.

This trade and investment agreement aims to enable Chile to create value locally and benefit more from the extraction of its raw materials, while providing European companies with access to key raw materials for the restructuring and digitalisation of domestic industry. As a "partnership at eye level", the agreement is praised by European politicians. But is that true?

The guide to the EU-Chile Enhanced Trade and Investment Agreement deals with its impact on Chilean people, the environment and the economy. He concludes that the agreement contradicts the EU's self-imposed goals for a globally just green transformation and is rather business as usual.

You can find out more about our work on the EU-Chile trade agreement and trade policy in general here.