Relationship dossier
Chile
South Korea
Relationship assessment
A cooperative partnership anchored by a long-standing free trade agreement
Chile toward South Korea
+40Chile negotiated and implemented a free trade agreement with South Korea, which entered into force in 2004, and has pursued economic engagement through that framework.
South Korea toward Chile
+40South Korea negotiated and implemented a free trade agreement with Chile, which entered into force in 2004, creating its first such agreement with a Latin American country.
Overall relationship
+40The relationship has a durable economic foundation in the 2004 free trade agreement, alongside broader bilateral engagement. This supports a substantially cooperative assessment, although the scope and implementation of cooperation outside trade are less clear.
How to read these scores
Scores are rough judgments, not objective measurements or current verification. Directional scores describe government policy and conduct, not public opinion. The overall score is an independent estimate, never an average.
- −100
- Extreme sustained hostility
- −50
- Substantially adversarial
- 0
- Mixed or neutral, supported by knowledge
- +50
- Substantially cooperative
- +100
- Exceptionally close sustained partnership
“Not assessed” means there is no recorded score. Pair existence makes no claim about diplomatic recognition or established relations.
Relationship context
Overview
Chile and South Korea maintain a substantially cooperative relationship, anchored by their free trade agreement, in force since 2004, and broader economic and diplomatic engagement. The agreement was South Korea’s first free trade agreement with a Latin American country. The breadth and implementation of other bilateral cooperation, including efforts to update the trade framework, are less clear.
Key developments
The Chile–South Korea free trade agreement entered into force, establishing South Korea’s first free trade agreement with a Latin American country.
Major uncertainties
- The scope and implementation of bilateral cooperation beyond trade are unclear.
- The status and results of efforts to update the free trade agreement are uncertain.