Chilean Trade:

Factors Affecting U.S. Trade and Investment

GGD-92-106: Published: Jun 12, 1992. Publicly Released: Jul 6, 1992.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO reviewed the conditions affecting U.S. trade with and investment in Chile, focusing on: (1) Chile's trade and investment policies and U.S. concerns about those policies; (2) factors that may affect U.S. investment in Chile's mining industry and agricultural trade with Chile; and (3) U.S. efforts to promote trade with and investment in Chile.

GAO found that: (1) Chile is considering several investment reforms, including lowering tax rates on investor profits, establishing a time frame for foreign investment application approval, and allowing companies to claim profits sooner; (2) U.S. companies are concerned that Chile's capital reserve requirement will burden U.S. companies and that, since Chile has no tax treaty with the United States, U.S. companies will be taxed twice; (3) factors affecting U.S. trade with and investment in Chile include a lack of ports and electricity in the mining sector of Chile, import taxes on agricultural products, and increased Chilean agricultural exports; and (4) the United States has begun free trade negotiations with Chile and is providing assistance to U.S. companies interested in trade with and investment in Chile.

Oct 12, 2017

Oct 4, 2017

Sep 28, 2017

Sep 19, 2017

Sep 13, 2017

Sep 7, 2017

  • international icon: Art Explosion

    Diplomatic Security:

    Key Oversight Issues
    GAO-17-681SP: Published: Sep 7, 2017. Publicly Released: Sep 7, 2017.

Sep 5, 2017

Aug 29, 2017

Aug 28, 2017

Looking for more? Browse all our products here