ASEAN bolsters economic collaboration with Chile

A delegation from the ASEAN Committee in Santiago (ACS), the Trade Office of Chile (ProChile), and the Chile-ASEAN Chamber of Commerce paid a working visit to Nuble region to seek opportunities to promote trade, investment, tourism, education and cultural exchanges between the two sides.

The ASEAN delegation visits campuses of the University of Concepción. (Photo: baoquocte)
The ASEAN delegation visits campuses of the University of Concepción. (Photo: baoquocte)

n the two sides.

ACS includes Indonesia, Malaysia, the Philippines, Thailand and Vietnam.

The delegation held a working session with Governor of Nuble region Oscar Crisomoto, and visited timber, paper and wine production businesses, and campuses of the University of Concepción and University of Bío-Bío in Chillan city.

Local authorities, enterprises and researchers spoke highly of the visit, considering it a chance to enhance mutual understanding between Chile and ASEAN, thus contributing to boosting and expanding multi-faceted cooperation between the two sides.

Vietnam is currently Chile’s leading trade partner in ASEAN with two-way trade surpassing US$988 million in 2020. Meanwhile, trade between the bloc and Chile reached US$2.74 billion.

During January-September, ASEAN-Chile trade value hit US$2.97 billion, with Vietnam continuing taking the lead in trade cooperation with Chile with US$1.13 billion.