The General Directorate of International Economic Relations is a public entity part of the Foreign Affairs Ministry. Its purpose is to execute, coordinate and apply the Government’s politic into all International Economic Relations.
DIRECON was formed in January 10th, 1979, through Decree Law 53, and since its creation the mission has been to implement the policy the President formulates in relation to economic relations abroad and also those entrusted by the Decree that created it. Some of the important ones are:
- To collaborate with the country’s exports development
- To participate in work teams, bilateral and multilateral negotiations, and in all international commissions where Chile is participant.
- To organize public and private commissions abroad, promote the visit of foreign trade missions.
- To promote and negotiate economic international treaties and agreements that will have the written conformity of the Treasury Minister.
- To share the government’s economic policy abroad
- To participate in international organizations and coordinate the policies to be followed
- To design proposals for the public and private sector to ensure the optimal use of international markets.
Statutory Decree 53
- CREATES THE GENERAL DIRECTORATE OF INTERNATIONAL ECONOMIC RELATIONS OF THE MINISTRY OF FOREIGN AFFAIRS AND ESTABLISHED ITS INSTITUTIONAL STATUTE