Chile's finance minister says new laws will be introduced to speed up investment in key sectors.

       Recently, Chilean Finance Minister Mario Marcel stated during the "Chile Day" event in New York that the government is preparing to introduce a new evaluation bill to expedite the evaluation process for decarbonization projects with investments exceeding $7.5 billion and the approval of over 100 investment plans. The focus covers six major sectors, including mining, lithium industry, renewable energy, green hydrogen, digital economy, and tourism, with the aim of "maintaining Chile's economic vitality for many years." Marcel expects Chile's GDP to grow by 2.5% in 2025, which will be conducive to attracting more investments. He also revealed that the Ministry of Finance has currently completed 45% of the annual bond sales plan, and approximately 70% of the remaining bonds will be sold in the local market and 30% overseas. Marcel emphasized that before the end of the current government's term in March 2026, it will not only achieve fiscal consolidation but also complete the bilateral tariff and trade negotiations with the United States. However, critics point out that bureaucratic practices have created significant bottlenecks for Chile in attracting investments. Coupled with the continuous rise of public debt and the far - less - than - previous economic growth, Chile's good reputation as an emerging market is being severely damaged.