Economic Relations

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 The General Directorate for International Economic Relations (DIRECON) is a public entity reporting to the Ministry of Foreign Affairs, which aims at implementing and coordinating government policy on International Economic Relations.

 

DIRECON was created on January 10, 1979 by Decree Law 53, and since its inception, its mission has been to execute the policy formulated by the President of the Republic on economic relations with other countries, in addition to the duties entrusted to it by the decree that created it, including:

  • To collaborate to the country’s export development.
  • To participate in working groups, bilateral and multilateral negotiations and other international commissions where Chile is involved.
  • To organize public and private commissions abroad, and to promote the visit of foreign trade missions.
  • To promote and negotiate international treaties and agreements on economic matters, which should have the written consent of the Minister of Finance.
  • To disseminate the Government’s economic policy abroad.
  • To participate in international organizations and to coordinate the policies to be followed.
  • To make proposals to the public and private sectors for the best development of international markets.

Statutory Decree No. 53

THIS DECREE CREATES THE GENERAL DIRECTORATE FOR INTERNATIONAL ECONOMIC RELATIONS OF THE MINISTRY OF FOREIGN AFFAIRS AND ESTABLISHES ITS ORGANIZATIONAL BYLAWS.