FTA Chile, EU and sustainable fair trade
The modernized FTA between the EU and Chile rules the trade of raw materials (like lithium for batteries) and hydrocarbons by
- Promoting dialogue and cooperation in the energy and raw material sectors;
- fostering sustainable and fair trade and investments;
- ensuring a level playing-field in those sectors, and to strengthen competitiveness of related value chains including value addition.
The parties (EU and Chili):
- are committed to grant the access to infrastructure for producers of electricity generated from renewable energy sources;
- agree to cooperate on any relevant issue of mutual interest, such as:
- a) renewable energy particularly with regards to technologies, integration into and access to the electricity system, storage and flexibility, and the whole renewable hydrogen (green hydrogen) supply chain;
- b) energy efficiency, including regulation, best practices, and efficient and sustainable heating and cooling systems;
- c) electromobility and charging infrastructure deployment (electric vehicles);
- d) open and competitive energy markets