Chile pitched US executives $35.3bn in trade ties and lower taxes to win more foreign investment, unveiling its Choose Chile drive in Washington.
Trade
Key Facts
—The pitch. Chile’s foreign minister told the US Chamber of Commerce in Washington that Chile is a stable, competitive place to invest.
—The programme. He presented Choose Chile, a drive to attract foreign investment and talent in mining, energy and technology.
—The offer. The sales points were lower corporate taxes, long-term tax stability and faster permitting.
The government needs to reconcile growth and legitimacy to boost GDP growth and investor confidence, two experts write.
Chile aims to attract about US$100 billion in copper investment and diversify its buyers beyond China.
Leveraging strategic resources, screening investments, and diversifying partners can strengthen Chile’s position.
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