Sobirovs Law Firm on a special visit to Chile in January 2020

Sobirovs Law Firm's Feruza Djamalova and Rakhmad Sobirov will be visiting Chile in January 2020 on an inaugural visit to the country with a sole aim to further strengthen B2B ties between Canada and Chile.

A special seminar for the Chilean business community will be organized in cooperation with Sobirovs’ Chilean partner, ImmWorld. Leveraging on the Canada-Chile Free Trade Agreement, the business owners and investors from Chile have unique opportunities to expand their business presence to Canada.

The Seminar will be held on January 17, 2020 at Sheraton Hotel - Vina Del Mar between 15:30 - 17:30. To register, contact ImmWorld. Email: info@immworld.cl Tel: +56 22 401 1547 as seats are very limited.

About Canada Chile relations

(source: Embassy of Canada in Chile - https://www.canadainternational.gc.ca/chile-chili/bilateral_relations_bilaterales/)

“The Canada-Chile commercial relationship is diverse and growing. The 20th anniversary of the Canada-Chile Free Trade Agreement (CCFTA), the cornerstone of the bilateral trade and investment relationship, was in 2017. The agreement covers trade in goods and services, as well as investments, and includes side agreements on the environment and labour relations. The CCFTA has been amended on several occasions. A modernized agreement was signed in June 2017 to add new chapters on trade and gender (a first for Canada), technical barriers to trade, and sanitary and phytosanitary measures."

"Bilateral merchandise trade has nearly quadrupled since the CCFTA came into force in 1997, reaching its highest level, $2.9 billion, in 2017."

"Canada exported more than $984 million in merchandise to Chile in 2018, led by machinery, fats and oils, cereals, pharmaceutical products, and mineral fuels and oils. Imports from Chile totalled more than $1.8 billion led by base metals (mainly copper), fruits & nuts, precious stones and metals (mostly gold and silver), fish and seafood and beverages (mainly wine). In 2017, Chile was the 24th largest source of Canadian merchandise imports, and 26th-largest Canadian merchandise export destination."

"At the end of 2018, the stock of Canadian direct investment in Chile stood at $21.5 billion, making Chile Canada's top investment destination in South and Central America and 10th worldwide."

"Canadian companies are present in mining, utilities (electricity, gas, and water), chemicals, transportation and storage services and financial services. At the end of 2018, the stock of Chilean direct investment in Canada was valued at $1.4 billion.