About the event
Chile is the UK’s third-biggest trading partner in Latin America (Comtrade, 2019). Strong demand for innovative solutions makes it a great first stop for companies new to the region or wanting to enter Latin America.
Chile is a great market for businesses wanting to enter Latin America with particular demand from the following industries:
- Energy (which includes management consultancies)
- Transport (which includes automotive, adv. engineering, aerospace, shipping, infrastructure, energy, chemicals)
- Buildings/Infrastructure (which includes adv. engineering, Construction, Environment, Water, Tech & Smart Cities)
- Circular Economy (which includes waste management, adv. manufacturing)
Chile and the UK have enjoyed a long and vibrant trading and diplomatic history based on shared values. Total trade in goods and services between the UK and Chile was worth £1.6 billion in the four quarters to the end of Q3 2020 and total exports amounted to £843 million.
The UK has also signed an association agreement with Chile. Since 12 January 2021, preferential tariff rates on UK exports to Chile, are being applied as set out in the agreement, opening up more opportunities for UK companies. This association agreement includes provisions on trade in goods (including provisions on preferential tariffs, tariff-rate quotas, rules of origin, and sanitary and phytosanitary measures), trade in services, intellectual property, and Government procurement.
The Northern Powerhouse Virtual Mission activity will be split into two parts.
Part 1: Chilean Green Recovery: Opportunities for Northern Powerhouse Businesses
14 April 2021, 13:30 – 14:30
Northern Powerhouse companies are at the vanguard of the clean growth revolution that is sweeping the planet. This one-hour webinar in partnership with DIT Chile and the British Chamber of Commerce in Chile will help to identify incredible short-term commercial opportunities in various sectors to strengthen Chile’s green economic recovery efforts from COVID-19. Hear a market overview from our overseas experts along with entry advice to help you get started in this exciting market.
Why should you join?
Find out about tangible business and partnership opportunities
Receive an overview of the Chilean market
Build relationships with Clean Growth companies from the Northern Powerhouse and overseas stakeholders
Knowledge sharing and support from our overseas partners
The Government of Chile has announced $34billion-worth of funding for new transport infrastructure projects over the coming decades offering further exciting opportunities for British businesses.
Part 2: B2B Virtual Meet the Buyer
Suitable Northern Powerhouse companies joining the first part of the mission will receive the opportunity to pitch their products and services directly to representatives in Chile in addition to more in-depth market information and sector-specific opportunities. Each company will be given dedicated time to pitch to potential buyers interested in NPH Green Growth businesses. This is an unmissable opportunity to meet buyers and win international business.
Please note, places will be limited and companies will be offered a place on this event based on their offer and readiness to enter the market. Please express your interest during the registration process and more information will be shared in due course. Companies must be from the Northern Powerhouse Region (NW, Y&H, NE).