09 November 2021

The Free Trade Agreement (FTA) between the Republic of Turkey and the Republic of Chile was signed on 14 July 2009 in Santiago and entered into force on 1 March 2011.

In addition to eliminating tariff and non-tariff barriers in bilateral trade, the FTA also regulates numerous subjects such as sanitary and phytosanitary measures, technical barriers to trade, intellectual property, rules of origin, internal taxation, anti-dumping and countervailing measures, safeguards, and balance of payments measures.

Other than limited number of products listed under Annex III of the Agreement, Turkey eliminated the customs duties on industrial goods originating in Chile upon the entry into force of this Agreement.

Chile also eliminated customs duties on imports for industrial goods originating in Turkey upon the entry into force of the Agreement, except for the goods listed in Annex II and Annex III, for which Chile abolished the customs duties gradually by 1 January 2015.  Products listed in Annex III, consisting of retreated and used tires, are excluded from liberalization under the Agreement.

Concerning agricultural products, Turkey granted duty reduction or exemption from customs duties on seasonal basis and/or in the form of tariff quotas for certain products. In return,  Chile gradually eliminated tariffs on imports into Chile for agricultural goods originating in Turkey until 1 January 2017 without any quota limitations, except for a limited number of products. Reciprocal concession lists for agricultural products are laid down in Annex IV of the Agreement.

The products which will benefit from the preferential tariffs should fulfill the rules of origin set out in Annex V of the Agreement.