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Expert Analysis

Recent Chilean Tax Reform Reinforces Need For Treaty

Law360, New York (March 17, 2015, 10:51 AM EDT) -- Chile is the fifth largest economy in South America and increasingly one of the most significant U.S. trading partners in the region. U.S. foreign direct investment into Chile was $39.9 billion for 2012 (the latest year for which official figures are available). And in 2013, the U.S. exported $17.6 billion of goods and services to Chile, making Chile the second largest destination for U.S. exports in South America and the 19th largest worldwide. Trade between the U.S. and Chile has been facilitated by the U.S.-Chile free trade agreement, which came into force in 2004 and is one of only 20 such U.S. agreements worldwide, and one of only three such U.S. agreements in South America....

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