oecd

The Indonesian-Chilean Chamber of Commerce and Culture highlights a series of events that have marked the economic, cultural, and natural landscape of both countries in the past week.

Chile has been granted permission to export poultry meat and by-products to Paraguay, as reported by La Tribuna. This is a significant milestone for the Chilean poultry industry, opening a new market and fostering stronger economic ties between the two nations.

Simultaneously, the Organization for Economic Cooperation and Development (OECD) has raised its growth projection for the Chilean economy to 2.3% in 2024, a half percentage point increase from the 1.8% estimate in November last year. The Paris-based organization attributes this positive adjustment to a recovery of real wages, aided by falling inflation and more flexible financial conditions. The OECD also projects that inflation will continue to decrease and converge to a 3% target by mid-2025.

In the agricultural sector, exports of cherries to China increased by 16% in the 2023-2024 season, reaching a record US$ 2.260 billion, according to data from ProChile's Department of Market Intelligence. This notable increase demonstrates the robustness of Chile's agricultural sector and its ability to navigate the international market successfully.

Meanwhile, in Indonesia, the remote Mount Ruang volcano erupted multiple times, triggering the highest level of alert and the evacuation of thousands of people due to the threat of a tsunami from debris sliding into the sea. This natural event has drawn international attention to Indonesia and its volcanic activity.

The Indonesian-Chilean Chamber of Commerce and Culture continues to monitor these developments closely, recognizing their potential to shape the economic and cultural ties between the two nations.

• Chile obtuvo habilitación para exportar carne y subproductos de aves a Paraguay | La Tribuna (Latribuna.cl)
• OCDE eleva proyección de crecimiento de economía chilena al 2,3% en 2024 (Lanacion.cl)
• VIDEO: La espectacular imagen de rayos volcánicos en la erupción del Monte Ruang en Indonesia (Lanacion.cl)
• OCDE eleva la proyección de crecimiento para Chile al 2,3% en 2024 - Radio Santiago (Eldiariodesantiago.cl)
• Exportaciones de cerezas a China aumentaron 16% en temporada 2023-2024: Alcanzó US$ 2.260 millones - Radio Agricultura (Radioagricultura.cl)
• Exportaciones, cambio climático y alza en los costos. Por Camilo Cornejo Orellana, Ingeniero Agrónomo Académico Ingeniería Comercial Universidad Andrés Bello – G5noticias (G5noticias.cl)