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Hub News Article Oct 08, 2014

Chile-Hong Kong FTA Enters into Force

The Free Trade Agreement (FTA), signed by Chile and Hong Kong, China in 2012, will enter into force on 9 October 2014. The agreement governs a wide range of issues including trade in goods and services, investment, government procurement, competition, and other related areas. With respect to investments, the FTA provides for national treatment in specified non-services sectors, alongside the provisions in the trade in services chapter that apply to investments in service sectors. The parties to the agreement have agreed to negotiate a separate and comprehensive agreement on investment promotion and protection upon the FTA’s entry into force.