Written by Felipe Mac-Conell, Tax Lawyer
In September 2025, Chile participated in the official launch of the Future of Investment and Trade Partnership (FIT‑P), a new initiative created by 14 small and medium-sized economies. The platform was coordinated by Singapore and seeks to reinforce a rules-based multilateral trade system while promoting a fair, transparent, and predictable international trade environment.
Chile’s involvement in FIT‑P aligns with its broader engagement in global economic governance and reflects its continued focus on open markets, inclusive growth, and international cooperation in investment and trade.
A Common Platform for Shared Priorities
FIT‑P was established to support collaboration among countries that depend on international trade for their development. The initiative brings together economies from multiple regions to focus on shared areas of interest.
Its stated areas of cooperation include the facilitation of foreign direct investment, resilience of supply chains, the reduction of non-tariff barriers, and the use of new technologies applied to trade. These pillars reflect the importance of modernising trade practices and improving connectivity across economies of different sizes.
What Chile’s Participation Represents
Chile took part in the launch through the Ministry of International Economic Relations, alongside representatives from Brunei Darussalam, Costa Rica, Iceland, Liechtenstein, Morocco, New Zealand, Norway, Panama, Rwanda, Singapore, Switzerland, the United Arab Emirates, and Uruguay.
The country reiterated its support for the principles underpinning FIT‑P and confirmed its interest in contributing to the initiative’s full work agenda. This includes participating in areas related to investment, trade facilitation, and regulatory collaboration. Through this engagement, Chile maintains its positioning within a group of countries committed to improving global trade conditions.
Why Investors Should Pay Attention
The Future of Investment and Trade Partnership was created by economies that share a reliance on international trade as a driver of development. Its stated areas of work, investment facilitation, supply chain resilience, non-tariff barrier reduction, and the application of trade technologies, touch on several cross-border issues relevant to business and capital flows.
Conclusion: Positioning for the Next Trade Cycle
Chile’s decision to join the Future of Investment and Trade Partnership is more than a symbolic alignment with like-minded economies. It is also a strategic choice to remain at the centre of the evolving global trade landscape. FIT P provides a common framework for countries that share a reliance on open, rules-based trade and recognises that cooperation, rather than fragmentation, is the path to sustainable growth.
For Chile, this participation reinforces its reputation as one of the region’s most outward-looking and investment-friendly economies. It also allows the country to play a constructive role in shaping emerging standards on trade facilitation, supply chain resilience, and technology adoption. These areas are not abstract policy matters; instead, they directly affect how companies invest, operate, and compete across borders.
For international investors and businesses, Chile’s engagement in FIT P signals continuity and stability in its trade policy, alongside opportunities to benefit from greater predictability and reduced barriers in the region. As the partnership’s work agenda matures, its influence may extend to setting new norms that guide investment flows, encourage innovation, and align regulatory practices among its members.
Chile is not only keeping pace with global developments: it is helping to shape them. For companies operating in Latin America or considering Chile as a hub for regional expansion, FIT P represents another reason to view the country as a reliable partner for long-term, sustainable growth. If your company is exploring opportunities in Latin America, our team can help you navigate investment, trade, and compliance frameworks so your business can take full advantage of these emerging opportunities. Contact us to discuss how this new platform may impact your strategy.
Harris Gomez Group METS Lawyers ® opened its doors in 1997 as an Australian legal and commercial firm. In 2001, we expanded our practice to the international market with the establishment of our office in Santiago, Chile. This international expansion meant that as an English speaking law firm we could provide an essential bridge for Australian companies with interests and activities in Latin America, and to provide legal advice in Chile, Peru and the rest of Latin America. In opening this office, HGG became the first Australian law firm with an office in Latin America.
As Legal and Commercial Advisors, we partner with innovative businesses in resources, technology and sustainability by providing strategy, legal and corporate services. Our goal is to see innovative businesses establish and thrive in Latin America and Australia. We are proud members of Austmine and the Australia Latin American Business Council.
To better understand how we can support your management team in the Region, please contact contact@hgomezgroup.com
Disclaimer: This article is for general informational purposes only and does not constitute legal advice. It does not create a solicitor-client relationship, and readers should seek independent legal advice for their specific circumstances. Harris Gomez Group accepts no liability for reliance on this content.