Chile’s copper output was reduced only 1% due to Coronavirus

Chile's mining minister, Baldo Prokurica, said that the South American nation's sprawling copper industry so far ranks among the least affected globally by the COVID-19 pandemic. He added that official statistics from Chile state copper agency Cochilco estimate a total reduction in output of about 63,300 tonnes, or approximately 1% of the country´s annual production.

Chile extends access to its market to small-scale Hass avocado growers in Peru

The Chilean Agricultural and Livestock Service (SAG) has authorised the extension of the Hass avocado producing areas from Peru with access to the Chilean market, allowing the incorporation of small producers from the Peruvian regions of Áncash, Apurímac, Ayacucho, Cusco and Huancavelica to the export chain of this fruit, which has a potential of 18 million consumers in Chile.

Banco Santander Chile reached return on average equity of 16.8% in Q1

Banco Santander Chile announced its unaudited results for the three month period ended March 31, 2020 and first quarter 2020 (1Q20). The Bank announced a return on average equity (ROAE) of 16.8% reached in the first quarter of 2020. The net income attributable to shareholders increased 23.4% QoQ and 14.8% YoY, totalling Ch$ 144,014 million ($172.07 million).

US includes Chile on list of trading partners that fail to protect intellectual property

Amazon was included on the list of "infamous markets" accused of committing intellectual property violations, which includes Argentina and Chile among the partners with enforcement problems. The USTR (The United States Trade Representative) singled out Argentina and Chile on a heightened watch list of 10 trading partners that fail to adequately protect intellectual property.