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March 09, 2018 01:00 AM

ACA to sponsor trade mission to Chile

Tire Business Staff
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    BETHESDA, Md.—The Auto Care Association (ACA) is sponsoring a trade mission to Chile Aug. 21-22 as part of its Market Development Cooperator Program (MDCP) award from the U.S. Department of Commerce.

    The MDCP is designed to support export promotion projects to Latin America, according to the ACA.

    In keeping with the MDCP, the trade mission to Chile is a business development opportunity designed to assist U.S. auto industry companies in gaining firsthand market information, the association said.

    During the trade mission, participants will meet with potential clients and partners who are pre-screened to meet participants' specific business objectives, the ACA said.

    Under the U.S.-Chile Free Trade Agreement, 100 percent of U.S. consumer and industrial goods exported to Chile are not subject to tariffs, the association said.

    Chile also ranks high on international indices related to economic freedom, transparency and competitiveness, and it has an A-plus credit rating, the highest in South America, it said.

    Trade mission packages include prearranged business meetings, hotel accommodations, local transportation, meals, interpreters, market overview briefings and a networking reception, the ACA said.

    The mission is open to all companies in the auto industry, with qualifying countries eligible for a $1,500 offset of the cost, the association said.

    Registration is open both for the Chilean trade mission and another to Costa Rica May 21-22, the ACA said. Previous missions, organized by the ACA in collaboration with the U.S. Commercial Service, have been to Guatemala, Peru, Colombia, Honduras and Nicaragua.

    For more information about the trade missions, contact Carolina Arregoces at [email protected] or 240-333-1037.

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