Chile-Venezuela Free Trade Agreement

The Free Trade Agreement between Chile and Venezuela entered into force on 1993, fully or partially eliminating import tariff for most energy products and technologies, including: 

• Agglomerated and reduced iron, alumina;
• Scrap metal, ammonia, crude steel, aluminum;
• Nitrogen fertilizers, solar PV modules, solar cells, solar wafers;
• Polysilicon, battery packs, battery cells;
• Anodes and cathodes, electrolyzers;
• Heat pumps, electric vehicles

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin valued above 50% of the transaction value of the good to benefit from preferential tariff treatment.

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