CHILE · TRADE

Key Facts

—What happened: About 25 Falklands business people will meet Chilean suppliers in Punta Arenas on September 28-29.

—How big it is: Mayor Claudio Radonich says Magallanes has lost about US$300 million since 2011.

—What it means: A signed contract aims to start a new sea route between Chile and the Falklands.