In 2002 Chile signed an association agreement with the European Union ( comprising FTA, political and cultural agreements ), in 2003, an extensive free trade agreement with the United States, and in 2004 with South Korea, expecting a boom in import and export of local produce and becoming a regional trade-hub.

In 2002 Chile signed an association agreement with the European Union ( comprising free trade and political and cultural agreements ), in 2003, an extensive free trade agreement with the United States, and in 2004 with South Korea, expecting a boom in import and export of local produce and becoming a regional trade-hub.

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