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ViewpointOctober 2 2023

Nicolás Grau: Chile sees opportunities in moving to a greener global economy

Chile is working to reach a balanced economic development while transitioning toward carbon neutrality, writes the minister of the economy.
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Nicolás Grau: Chile sees opportunities in moving to a greener global economy

Chilean president Gabriel Boric recently completed a successful tour of Spain, Belgium, Switzerland and France, as part of his visit to attend the EU-Celac [Community of Latin American and Caribbean States] Summit 2023 in Brussels. Chile’s leading role at the summit, and the enthusiasm generated by the country in Europe, are due to three main factors.

First, the strength and clarity with which Mr Boric has defended democratic principles, respect for human rights and international law. Second, the depth and stability of commercial relations between Chile and Europe, which will be strengthened by the upcoming signing of the Advanced Framework Agreement that will raise standards and strengthen commercial ties with the EU. Finally, Chile’s strategic global position in the future carbon-neutral economy, thanks to the development of the copper and lithium industries, and the country’s geographical advantages for the production of green hydrogen.

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