MERCOSUR-Chile Free Trade Agreement

The Free Trade Agreement between MERCOSUR and Chile entered into force in 1996, fully or partially eliminating import tariff for most energy products and technologies, including: 

• Agglomerated and reduced iron;
• Ammonia and Crude steel;
• Aluminium and Nitrogen fertilizers;
• Solar PV modules and cells and Solar wafers;
• Polysilicon and Battery packs;
• Battery cells and Electrolysers;
• Heat Pumps and Electric cars and ICE cars; 

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin valued above 40% of the transaction value of the good to benefit from the tariff treatment established by the Agreement.

Want to know more about this policy ? Learn more