Chile eyes free trade pact with GCC.Byline: Dubai Chile, billed among the most stable and promising economies in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , said it was keen to open new fronts for increased engagement with the Gulf region, following the success of the first 'Chilean Week' held recently in Dubai. Held as part of the opening of the Embassy of the Republic of Chile in Abu Dhabi Abu Dhabi (ä`b  thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c. , the Chilean Week went a long way in creating a positive
first impression of Chile among investors, entrepreneurs as well as the
public in the UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. and in opening new channels for mutually beneficial Adj. 1. mutually beneficial - mutually dependentinterdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" interaction, the organisers said. "The Chilean Week demonstrated that there is a repository of expertise, technologies, skills and opportunities in Chile, which the UAE and the Gulf region can utilise by way of investments, partnerships or imports," said Jean Paul Jean Paul: see Richter, Johann Paul Friedrich. Tarud, Chilean Ambassador to the UAE. Carlos Salas, Trade Commissioner of Chile in the UAE, said, "We are delighted by the level of interest in Chile we saw during the Chilean Week. "We will now focus on sustaining and building on this interest. Chile will have a major presence for the first time at the Big 5 exhibition taking place in Dubai in November 2009, following which we will also attend the Gulfood -- for the third time in a row - in February 2010." Senior government officials, industry champions, culinary experts and cultural ambassadors from Chile attended the Chilean Week, displaying the varied attractions and strengths of the Latin American country in a number of exhibitions, B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business meetings and trade seminars. Announcing their resolve to enhance bilateral trade relations and expedite access to each other's markets, Chile's Directorate of Export Promotion (ProChile) and the Dubai Export Development Corporation also signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. (MoU) during the Chilean Week. Chile, which has over 20 trade agreements with 56 countries in the world, has already submitted a proposal for a similar arrangement with the GCC GCC: see Gulf Cooperation Council. (compiler, programming) GCC - The GNU Compiler Collection, which currently contains front ends for C, C++, Objective-C, Fortran, Java, and Ada, as well as libraries for these languages (libstdc++, libgcj, etc). . Bilateral trade between Chile and the UAE crossed $113 million in 2008, from $81 million in 2005. Exports from Chile contributed over $107 million to bilateral trade in 2008 while imports grew by over 200 per cent, compared to the previous year. Currently, UAE is ranked 54th as a trading partner of Chile and 44th as a destination for Chilean exports.- TradeArabia News Service Copyright 2008 www.tradearabia.com Copyright 2009 Al Hilal Publishing & Marketing Group Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion