This chapter applies to any health and plant health measures of a party that may have a direct or indirect impact on trade between the contracting parties. With 14 chapters and 108 articles and 8 annexes, the Vietnam-Chile Free Trade Agreement covers only trade in goods. The free trade agreement contains, for example, provisions relating to the facilitation of market access, rules of origin, health and plant health measures, technical barriers, protection measures, etc. The full text of the agreement can be found and downloaded here: the two countries have deepened their trade and economic relations, which are now much deeper than the usual trade relations between two countries, as commended by Chile`s ambassador to Vietnam, Claudio de Negri.  The contracting parties create a free trade area in accordance with Article XXIV of the 1994 GATT. Parties should cooperate in the areas of standards, technical regulations and compliance assessment procedures, in particular to facilitate exchanges between the parties, to identify bilateral initiatives on standards, technical regulations and compliance assessment procedures that are appropriate for specific issues or sectors. These initiatives include the aim of this chapter to strengthen and facilitate trade by improving the implementation of the OTC agreement, removing unnecessary technical barriers to trade and strengthening bilateral cooperation. Under the agreement, Vietnam agrees to forfeiving 87.8% (or 91.22% from 2007) for 15 years. In return, Chile lifts tariffs on goods, which account for 99.62% of Vietnam`s export value, starting in 2007, in ten years; 81.8% of the value exported and 83.54% of the right species would be immediately abandoned. Chile was the first country to negotiate an agreement, independently of its ASEAN (Association of South Asian Nations) partners. The agreement focuses exclusively on trade in goods and its disciplines, so that for a second stage, the inclusion of trade in services and investment. In January 2008, Chile and Vietnam agreed to begin negotiations for a free trade agreement that would include market access, investment and services. The first round of negotiations took place in Santiago in October 2008.
The second and third rounds of negotiations took place in Hanoi in May and August 2009. The fourth round of negotiations took place in Santiago on 28 and 29 September 2009. The fifth round took place from November 25 to 27, 2009. The sixth round took place in Hanoi on 2 and 3 August 2010. The seventh round took place on November 11, 2010 in Santiago. Chile and Vietnam concluded free trade negotiations during the eighth round in Hanoi from 16 to 18 June 2011. On November 12, 2011, Chile and Vietnam signed a free trade agreement in Honolulu, Hawaii, USA, at the 2011 APEC Leader`s meeting. A number of important export products from Vietnam, which could be reduced from the current 6% to 0%, include textiles (203 tariffs would be immediately lowered to 0%, 17 more will be eliminated within five years), seafood, coffee, tea, computers and computer components (reduced to 0% immediately after the agreement comes into force).