Chilean-Norwegian Chamber of Commerce May 13 th , 2014 Embassy of Norway Santiago - Chile

1. Chilean-Norwegian Chamber of Commerce • May 13th, 2014 • Embassy of Norway • Santiago - Chile

2. The Chilean-Norwegian Chamber of Commerce (CCNC) established in 2001, is a non-profit, non-governmental, non-political, private organization whose main mission is to facilitate trade and promote investment between Chile and Norway.

3. Who we are? We are a businesscommunity Weact as a businessfacilitator We are animportantinformationplatform We are a networking We are a net of collaboration

4. How? We help our members’ business grow by providing services of value and by acting as a commercial liaison entity between our countries.

5. CCNC is a platform for our members to facilitate: • Trade information • Networking • Access to business and government institutions in Chile and Norway • Business, social and cultural knowledge about Chile and Norway

6. Our tools • We organize functions, workshops and seminars for our members and their customers • We participate in trade fairs • We have first hand access to government bodies

8. Benefits • By joigning CCNC you will receive many benefits: • Expand your networking contacts • Enhance your credibility • Receive publicity and exposure • Have a voice in issues that impact your business • Benefits with hotels, transportation, travel agencies

9. Ourmembership: • Aquaculture • Fisheries • Energy • Shippingservices • Financialservices • Engineeringservices • Tourism • Defence

10. Member’s profile (41 members)

11. Our VIP Sponsors • SN Power • DNB Bank • SKAVA

12. WHY CHILE? • Chile is one of the most open economies in the world • Chile has signed 22 commercial agreements with 59 countries • In 2010 Chile became a full member of OECD • Chile is the most stable economy in the region

14. Chile-Norway Bilateral commercial relation • Norwegian investment in Chile since 1974 to 2011 arises to US$ 738.8 million dollars Main Sectors: Aquaculture Energy Services • 2011: Norway became the 5th Foreign Investor in Chile • Chile-EFTA – Free Trade Agreement covers 96% products with 0% taxes

15. Chile-Norway Chile- EFTA (European Free Trade Association) Signed on June 26th, 2003 in Kristiansand Put into force on December 1st, 2003 The Agreement covers all major areas of trade relations including trade in goods, trade in services and investment, government procurement, competition and intellectual property. A Joint Committee is established for the supervision of the Agreement. It also contains stipulations on dispute settlement.

16. Chile-Norway Main Norwegian exports to Chile (2011): • Chemicals • Pharmaceutical products (veterinary use) • Copper oxide

17. Chile-Norway Main Norwegian imports from Chile (2011): • Fish crude oil • Iodine • Beverages, wine • Fruits (apple)

18. Foreign Investment in Chile www.foreigninvestment.cl Regulation on Foreign Investment is based on: • Right to private property • Economic Freedom • Equal treatment Legal framework: • Decree Law N° 600 (DL 600) • Chilean Central Bank's Compendium of Foreign • Exchange Regulations (Chapter XIV)

19. NorwegianFDI in Chile Industries D.L. 600InversiónNoruega en Chile1974- 2011 (US$738.8 Million / Millones)

20. Thank you!