Chile is characterized by generally sound regulation and political and economic stability. Its foreign investment regime is one of the most liberal in the world. The country also has an open trade policy, and its economy is highly dependent on international trade. It has an extensive portfolio of signed free trade agreements, including the Canada-Chile Free Trade Agreement (CCFTA) and, most recently, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The Chilean market offers numerous business opportunities across many sectors and a favourable investment climate.