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Chile and the European Union agree to establish a strategic partnership on sustainable value chains

Tuesday, July 18th 2023

The Minister of Foreign Affairs, Alberto van Klaveren, signed today in Brussels, together with the European Commissioner for the Internal Market, Thierry Breton, a Memorandum of Understanding to establish a strategic partnership on sustainable value chains of raw materials between Chile and the European Union (EU).

With the signing of this instrument, signed in the presence of the President of the Republic, Gabriel Boric, and the President of the European Commission, Ursula von der Leyen, Chile and the EU express their intention to intensify cooperation in the field of sustainable global value chains, including those of raw materials, that support clean energy and the digital transition.

In addition, they are committed to improving the sustainability of global value chains and recognize that the creation of value in this process is an essential requirement to achieve the objectives in the field of green and clean energy, as well as to ensure an open strategic autonomy.

"This partnership represents the intention of both Chile and the European Union to intensify cooperation on an issue that is key to our country and its development, thereby advancing towards a horizon of greater productivity, in a sustainable and inclusive manner over time, and in harmony with local communities," said the President of the Republic, Gabriel Boric.

For his part, Foreign Affairs Minister Alberto van Klaveren said that "with this instrument we lay the foundations for cooperation between the EU and Chile in the incorporation of capital, support and development of technology, sustainability and adding value to the productive sector".