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Snapshot of the Chilean Economy. GDP Growth rate 4,2% ... Thank you! Osvaldo Marinao. omarina_at_prochile.cl. www.chileinfo.com. www.prochile.cl ... – PowerPoint PPT presentation

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Title: Presentacin de PowerPoint


1
Välkommen!
Chile Platform for attractive Business
Osvaldo Marinao C. ProChile Curauma. March 23,
2007
2
Chile Macroeconomic Indicators
3
Snapshot of the Chilean Economy
  • GDP Growth rate 4,2
  • Per capita GDP (PPP, 2006) US12.737 Inflation
    rate 2006 3,4
  • Interest rate 5,09
  • Exports 2006 US 58.995 mill.
  • Average Growth Rate 5.7
  • Direct Foreign Investment US4.815 millions
  • Risk Position (Moodys) Aa3
  • Unemployment rate 6.6

Sources 2002 National Census, National Institute
for Statistics, Direcon, Central Bank of Chile,
Foreign Investment Committee
4
GDP Evolution 1990-2006(f)
Source Banco Central de Chile
5
Inflation Rate ( Annual)
Source Banco Central de Chile
6
Average annual rate 5.7(1986-2005)
Fuente Banco Central
7
Unemployment Rate()
Source Instituto Nacional de Estadísticas (INE)
8
Chile Chilean Business Environment
9
Other Indicators (2006)
  • Social Indicators
  • Population 16 mill aprox.
  • Life expectancy 76,7 years
  • Alphabetisation Rate 96,0
  • International rankings
  • Business environment ranking
  • Growth Competitiveness Ranking
  • Risk Ranking
  • Corruption Perception Index

10
Growth Competitiveness Ranking of the Global
Competitiveness Report (Selected Economies)
Source World Economic Forum, 2005
11
Business environment ranking (Best place in the
world to conduct business over the next five
years, selected economies)
Source Economist Intelligence Unit, 2004 - 2008
12
Risk Ranking (July 2005)
Fuente Economist Intelligence Unit
100 Maximum risk
13
Corruption Perception Index
CPI Table
Source Transparency International
14
Chile International Trade Evolution
15
Comercial Policy
  • Intense open process to international trade,
    foreign investment, and international standards.
  • Active participation in WTO.
  • Unilateral reduction of tariffs up to 6
  • Trade Agreements Network

16
PROCHILEs Mission
  • Promote Chilean exports
  • Increase the value and number of exported
    products and services.
  • Rise the number of export companies.
  • Diversify the destiny markets.

17
International Trade in Chile 1996-2005
18
Traditional and not traditional exports
(1985-2005)
19
Not Traditional Exports (XNT)
Fuente ProChile
20
Exporting diversification
Fuente ProChile
21
Chile Trade Agreements
22
Contents of Complementary and Free Trade
Agreements
  • Markets Access
  • Tariff Tax relief.
  • Foreign Investment Rules
  • Rules of Origin
  • Public Procurement
  • Dispute Settlement

23
  • Ongoing Negotiations
  • Nicaragua
  • Guatemala

24
Free Trade AgreementCANADA
Fuente ProChile
25
Free Trade Agreement MEXICO
Fuente ProChile
26
Association Agreement EUROPEAN UNION
Fuente ProChile
27
Free Trade Agreement EE.UU.
Fuente ProChile
28
Summary
29
Suitable Combination of Policies
  • Political Stability
  • Modernization of the State
  • Economic Freedom
  • Social Cohesion

Positive business environment
30
Chiles Strengths
  • Non discriminatory treatment of local and foreign
    investors
  • Reasonable level of business costs
  • Lack of restrictions on the employment of foreign
    labor
  • country's high level of international integration

Source Institute for Management Development (IMD)
31
Tack! Thank you!
Osvaldo Marinao omarina_at_prochile.cl www.chileinf
o.com ? www.prochile.cl ?
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