The Minister of Finance, Ignacio Briones, denied that the Government had invested US$600 million in an upgrade plan for its F-16 aircraft, ensuring that the project was not approved and that it was postponed spending due to the pandemic. The Secretary of State responded to a statement by the United States Department of State, which indicated that the U.S. had approved a possible foreign military sale to the Chilean Government.
Day: July 27, 2020
Chile will become the first country in Latin America to ban the use of plastic bags
Starting August 3, Chile will be the first country in Latin America to prohibit the use of plastic bags in commerce , a measure that corresponds to the last stage of the "Chao plastic bags" law that was implemented in 2018. This law affects micro, small and medium-sized companies. Data shows that prior to the implementation of the law, two years ago, 3.4 billion plastic bags per year were used in Chile.
Chilean wine is one of the most popular among Korean consumers
Chilean wine was the top imported wine to South Korea last year in terms of wine volume, according to trade data from the Korea Customs Service. South Korea imported 11,272 tons of Chilean wine last year. When calculated by import prices, not by trade volume, Chile comes second in that list.
New internet cable could connect Chile and Sydney
Invercargill has a realistic chance of being connected with a new fibre-optic cable running between Sydney and Chile, giving hopes of building a data centre industry in Southland a huge boost. Chilean newspaper El Mercuriro reported that the Chilean government planned to build a subsea cable linking Valparaiso in Chile, Sydney and New Zealand, modifying a proposal it was investigating last year for a cable between Chile and China.
Process to withdraw 10% of pension funds will begin on Thursday
President Piñera enacted the law that allows members to withdraw 10% of their funds from the AFPs. According to deputy Matías Walker, president of the Commission of Constitution of the Chamber, the process will begin on Thursday and the government is prepared to carry out 22 million transactions.
