INFORMATION ABOUT THE PROCESS TAKING PLACE IN CHILE

President Piñera announces a reactivation plan to help recover 1.8 million lost jobs: “The difference between a dream and a mission lies in willpower, courage and commitment”

In his third State of the Nation Address, the President announced a recovery plan for Chile called ‘Paso a Paso, Chile se Recupera’ (step by step, Chile recovers). It entails US$34 billion in public investment over the period 2020-2022.

The government announces liquidity measures for micro-, small- and medium-sized enterprises and injects US$150 million into the CORFO MSME loan facility

These resources will benefit some 180,000 businesses nationwide and will improve the availability of loans through non-banking financial institutions, particularly for micro-enterprises. Meanwhile the “Fondo Crece” (Growth Fund) will focus on small- and medium-sized companies.

Chile receives record US$6,477 million in foreign investment in first quarter of 2020

The inflow represented an increase of 176% on the first quarter of 2019.

The Second Round of Modernization of the European Free Trade Association concluded successfully

Chilean innovators create 26 local solutions to relieve the shortage of emergency ventilators

The Science Ministry and Chile’s Economic Development Agency CORFO aim to coordinate the community of local innovators and establish uniform quality and safety standards for the emergency initiatives that universities and companies are spearheading to address a possible deficit of ventilators as COVID-19 progresses.

President Piñera announces the second stage of the Emergency Economic Plan

The plan includes US$2 billion to provide more benefits for vulnerable families and create more jobs. The plan will also finance loans to companies for an unprecedented amount of up to US$24 billion.

COVID-19: Chilean Salmon industry offers their laboratories to analyse 5.000 samples daily from tests taken through the Chilean health system

In the face of the rise of the world’s COVID-19 pandemic, the Chilean salmon industry, through SalmonChile, announced they have made available their capacity to analyse samples taken from suspected cases through the national health system.

Chilean National Customs Service establishes foreign trade facilitation measures to address Covid-19

Chile’s Treasury Ministry receives the Sovereign Issuer of the Year Award 2019

The award recognized the high certification and verification standards of the Green Bond Framework, and the portfolio of selected projects.

Chilean company develops medical device/field sampling kit for COVID-19

The device inactivates pathogens found in the sample and allows the sample to be transported without cold storage.