Chile - United Kingdom Association Agreement

Country / jurisdiction: United Kingdom · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The Association Agreement aims to facilitate trade and strengthen economic relations between the two countries.

It notably provides for the elimination of border tariffs for the following prioritized products:

Agglomerated and reduced iron;

Alumina, scrap metal, ammonia;

Crude steel, aluminium;

Nitrogen fertilizers;

Solar PV modules, solar cells, solar wafers;

Polysilicon, battery packs, battery cells;

Anodes and cathodes, electrolysers;

Heat pumps;

Electric vehicles, ICE cars;

The Agreement also includes rules of origin and local content provisions. Goods are counted as originating from each country if:

Wholly obtained rule: for goods to originate from a country, they must be produced entirely within the country, without incorporating materials from any other country.

Sufficient working or processing rule: goods may also originate from a country if they are processed in line with relevant product specific rules.

Official source: https://www.subrei.gob.cl/acuerdos-comerciales/acuerdos-comerciales-vigentes/reino-unido/#:~:text=Acerca%20del%20Acuerdo%20El%20Acuerdo%20de%20Asociaci%C3%B3n%20%28AA%29,cabo%20de%207%20sesiones%20presenciales%20de%20Di%C3%A1logo%20Comercial.