Chilean-Norwegian Chamber of Commerce

May 13th, 2014 Embassy of Norway

Santiago - Chile

The Chilean-Norwegian Chamber of Commerce (CCNC) established in 2001, is a non-profit, non-governmental, non-political, private organization whose main mission is to facilitate trade and promote investment between Chile and Norway.

Who we are?

We are a business community

We act as a business facilitator

We are an important information platform

We are a networking

We are a net of collaboration

How?

We help our members’ business grow by providing services of value and by acting as a commercial liaison entity between our countries.

CCNC is a platform for our members to

facilitate: Trade information Networking Access to business and government

institutions in Chile and Norway Business, social and cultural knowledge

about Chile and Norway

Our tools We organize functions, workshops and

seminars for our members and their

customers We participate in trade fairs We have first hand access to government

bodies

Benefits

By joigning CCNC you will receive many benefits:

Expand your networking contactsEnhance your credibilityReceive publicity and exposureHave a voice in issues that impact your businessBenefits with hotels, transportation, travel agencies

Our membership:

Aquaculture Fisheries Energy Shipping services Financial services Engineering services Tourism Defence

Member’s profile (41 members)

Our VIP Sponsors

SN PowerDNB BankSKAVA

WHY CHILE?

Chile is one of the most open economies in the world

Chile has signed 22 commercial agreements with 59 countries

In 2010 Chile became a full member of OECDChile is the most stable economy in the region

Chile-Norway

Bilateral commercial relation Norwegian investment in Chile since 1974 to 2011 arises to US$

738.8 million dollars

Main Sectors:

Aquaculture

Energy

Services 2011: Norway became the 5th Foreign Investor in Chile Chile-EFTA – Free Trade Agreement covers 96% products with

0% taxes

Chile-Norway

Chile- EFTA (European Free Trade Association)

Signed on June 26th, 2003 in Kristiansand

Put into force on December 1st, 2003

The Agreement covers all major areas of trade relations including trade in goods, trade in services and investment, government procurement, competition and intellectual property. A Joint Committee is established for the supervision of the Agreement. It also contains stipulations on dispute settlement.

Chile-Norway

Main Norwegian exports to Chile (2011): ChemicalsPharmaceutical products (veterinary use)Copper oxide

Chile-Norway

Main Norwegian imports from Chile (2011):

Fish crude oilIodineBeverages, wineFruits (apple)

Foreign Investment in Chile

www.foreigninvestment.cl

Regulation on Foreign Investment is based on: Right to private property Economic Freedom Equal treatment

Legal framework: Decree Law N° 600 (DL 600) Chilean Central Bank's Compendium of Foreign Exchange Regulations (Chapter XIV)

Norwegian FDI in Chile Industries D.L. 600Inversión Noruega en Chile1974- 2011 (US$738.8 Million / Millones)