Political situation in Chile (November 2022)

According to information (originally from a local newspaper dated the 26th) compiled in the “Chilean Political Situation Report (November)” issued by the Embassy of Japan in Chile, Chile’s current attitude towards TPP11 does not seem to be appreciated.

Taking a closer look, first, despite its dependence on foreign trades, Chile’s economy appears to have pursued a ruse not to ratify TPP11 for three years.

Also, though it’s said that they will ratify TPP11 by the end of this year, it hasn’t been ratified.

Given this current situation, it is said that their current actions for TPP11 (for example, the side letter strategy) cause great demerits for Chile.

Refence: The regular report of politics November 2022, from the Embassy of Japan in Chile.
(The original report is written in Japanese.)