In light of the United Kingdom's imminent departure from the European Union (EU), Chile and the United Kingdom (UK) have agreed on a legal instrument that facilitates the transition from the Association Agreement (AA) between Chile and the European Union to a bilateral one between Chile and the UK.
The new agreement, which was signed by both parties on the 30th of January 2019, replicates the provisions of the agreement with the European Union, making the necessary changes in order for it to function bilaterally. Therefore, the bilateral trade relationship between Chile and the United Kingdom will remain the same as if it was still governed by the AA.
This instrument was approved by the Chilean Congress on the of 3rd September 2019 and will come into effect when the United Kingdom leaves the European Union, in accordance with the terms of the agreement.
Chile and the United Kingdom signed an agreement of Mutual Assistance in the Field of Illicit Trafficking of Narcotic Drugs and Psychotropic Substances (Decree 29 of March 25th, 1996) so as to facilitate police collaboration.
The Technical Cooperation signed between Chile and the United Kingdom (Decree 416, 13th August 1966) laid the groundwork for the exchange of ideas between academics and researchers with regards to scientific matters of mutual interest to both governments.
Currently ANID (formerly called CONYCIT) has signed nine agreements with different British Educational Institutes (Universities UK, The Russell Group, Kings College, UCL, LSE, IoE, to name but a few) to promote the specialisation of Chilean Professionals in the United Kingdom.
In 2016, Chile and the UK signed the Agreement on the Mutual Recognition of Qualifications and Degrees, which grants Chilean nationals the free and automatic recognition of British bachelor's degrees and postgraduate degrees in Chile.
In June 2019, the procedure to apply this agreement was published.
Along with the economic and commercial benefits that the UK- Chile Association Agreement brings, Chile and the United Kingdom also have an agreement for the Promotion and Protection of Investments (Decree 563 of June 23, 1997), as well as one to Avoid Double Taxation and To Prevent Tax Evasion in relation to Income Taxes and Capital Gains (Decree 348 of February 16, 2005).
Other treaties in the sector have the agreement to establish air services between the two territories (promulgated by Decree 231 of June 5, 1952).
The Cultural Agreement between Chile and the United Kingdom (signed on November 13th, 1968, promulgated by Decree 302 of July 31, 1972) introduced several elements to expand the exchange in culture, education and sports.
The Social Security Agreement between Chile and the United Kingdom was signed in 2012 and implemented in 2016. People benefiting from the treaty can choose in which country to receive their pension.