Chile's economic activity rose 4.6% in March from the same month a year ago, its sharpest rise in five years, with a boost from rising consumption and a strengthening mining sector, the central bank said on Monday. The Monthly Economic Activity Indicator (IMACEC) of the third month compares with a 4% rise in February.
The plenary of the leftist coalition Broad Front concluded on Sunday with a motion that postergates de decision over the Free Trade Agreement (FTA) with Chile, defining to leave the decision on whether or not to support the agreement, delaying the debate to a future plenary whose date is not yet defined. The decision was voted after counting an erroneous sum of the votes in the first instance in which the motion to debate the issue in the plenary had won. However, the votes of the Communist Party of Uruguay (PCU) had been put on the wrong side.
Mr Jamie Bowden CMG OBE MVO has been appointed Her Majesty’s Ambassador to the Republic of Chile in succession to Ms Fiona Clouder. Mr Bowden will take up his appointment in June 2018.
While Chilean President Sebastián Piñera started a commercial tour in Brazil last Thursday, in which he avoids Uruguay because the Free Trade Agreement (FTA) with Chile is blocked in the Uruguayan Parliament since 2016, ex-president José Mujica explained that he supports the FTA with Chile in order to look for “the best incentives to ensure commercial stability.” The bench of former president Mujica and the communist party refuse to approve the commercial agreement.
The union of cabin workers for LAN Express, a subsidiary of Chile-based LATAM Airlines group, unilaterally said on Thursday that they would revert back to previous working conditions after 17 days of strike that had led to the cancellation of 2,000 flights.
The Lord Mayor of London, global ambassador for the UK’s financial and professional services industry, is visiting Chile at the head of a business delegation this week with the aim of strengthening trade links with the City of London.
At least three people have died and around 50 injured in a gas explosion at a hospital in the Chilean city of Concepción, the local chief of police told media on Friday.
Chile’s President Sebastian Piñera proposed a bill to boost free technical education, days ahead of a planned student march in Santiago, the first such protest since he took office a month ago.
UK Chief Secretary Elizabeth Truss is this week visiting Brasilia and Sao Paulo for bilateral meetings with authorities and will follow-up on the second UK-Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure. Latest figures show that bilateral trade between UK and Brazil is worth £5.4 billion a year.
The 20th Air and Space Fair (Fidae), the most important aviation event in Latin America, kicked off in Chile on Tuesday with a participation of more than 50 exhibitors and about 120 civil and military aircraft. FIDAE, a biennial international air show held in Santiago, Chile, is the largest aerospace and defense fair in Latin America. More than 120,000 attendees are expected to attend during the six days display.