August 1 - Brazil's Chamber of Foreign Trade (CAMEX) has decided not to renew the maritime agreement with Chile, established in 1975, which stipulated that only Brazilian or Chilean flagged vessels could operate between the two countries.
After the agreement expires in January 2020, the transport of goods between Chile and Brazil may be carried out on ships of any flag. This is expected to increase competition and reduce costs of shipping goods between the two countries.
CAMEX also extended the waivers for ro-ro and breakbulk transport, which are currently not subject to the restrictions due to the low availability of Brazilian and Chilean flagged vessels of this specification. The waivers were extended for one year.
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