+ 11million consumers consume products and services in Chile. Chile is one of South America's most stable and prosperous nations.
Chile has the highest degree of economic freedom in South America (ranking 7th
worldwide), owing to its independent and efficient judicial system and prudent
public finance management.
Copper
mining is at the core of stakes. Escondida is the largest copper mine in the world, producing over 5% of global
supplies. Overall, Chile produces a third of the world’s copper. Codelco, the state mining firm, competes with private ones.
Chile has signed free trade agreements (FTAs) with a whole network of countries,
including an FTA with the United States.
Chile's
approach to foreign direct investment is codified
in the country's Foreign Investment Law. Registration
is reported to be simple and transparent, and foreign investors are guaranteed
access to the official foreign exchange market to repatriate their profits and
capital.
Chile has a telecommunication system which covers much of the country, including
Chilean insular and Antarctic bases.
Agriculture
in Chile encompasses a wide range of different activities due to its particular
geography, climate and geology and human factors. Agriculture allied sectors
like forestry, logging and fishing.
Some major
agriculture products of Chile includes grapes,
apples, pears, onions, wheat, corn, oats, peaches, garlic, asparagus, beans,
beef, poultry, wool, fish, timber and hemp.
Tourism in
Chile has experienced sustained growth over the last few decades. The main
attractions for tourists are places of natural beauty situated in the extreme
zones of the country.
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