International Shipping between Chile and Europe – What Changes from February 1, 2025
Starting from February 1, 2025, the EU-Chile Interim Trade Agreement (ITA) will come into effect, replacing the previous EU-Chile Association Agreement. This new agreement marks a significant step in the economic relations between the European Union and Chile, aiming to simplify trade, promote investments, and address global economic challenges. With the implementation of the ITA, the two regions strengthen their trade partnership, opening new opportunities for businesses and improving trade dynamics.
From February 2025, new rules will apply to both exporters and importers, requiring adjustments in certification and declaration procedures for the origin of goods.
Key Changes
One of the main innovations is the simplified approach for determining the preferential origin of goods. Until now, to obtain preferential treatment, exporters were required to present the EUR.1 movement certificate or a declaration on the invoice. Under the new agreement, these documents will no longer be accepted from February 1, 2025, for goods imported into or released for free circulation within the European Union or Chile. Instead, exporters will need to adopt a self-certification system based on origin declarations or, in some cases, the direct knowledge of the importer. This change simplifies and streamlines customs operations, reducing bureaucratic costs for businesses.
Additionally, requests for preferential treatment for goods in transit, under temporary storage, in warehouses, or in free zones must be based on origin declarations, as outlined by the ITA regulations.
For shipments valued above €6,000, it will become mandatory to indicate the REX number instead of the previous authorized exporter number, so it is important to apply for this new code in a timely manner.
Benefits for Businesses
- Reduction of commercial costs: The elimination of customs duties and the introduction of streamlined procedures reduce the costs associated with international transactions. This helps businesses make their operations more competitive.
- Easier access to new markets: Businesses will have greater opportunities to expand their presence in the Chilean market, thanks to the reduction of trade barriers and the opening of new channels for European products.
- Simplification of origin rules: The new origin rules are designed to be clearer and simpler, facilitating the granting of preferential status for goods. This makes it easier for businesses to obtain benefits from preferential customs treatment.
- Faster and more efficient customs operations: With the introduction of simplified procedures, customs operations will be quicker, improving the management of shipments and reducing waiting times.
In summary, the agreement not only improves trading conditions for European and Chilean businesses, but also promotes innovation and sustainability, helping both economies grow in a more interconnected and sustainable manner.
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