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Tuesday, April 30, 2019

Discover the Valparaíso Region, where the APEC Chile 2019 Second Senior Officials’ Meeting and Meeting for Ministers Responsible for Trade will be held

The Valparaíso Region, which is characterized by its contribution to Chile’s mining and port industries, is set to host the second major APEC event between May 2 and 18, including the APEC 2019 Second Senior Officials’ Meeting and the Meeting for Ministers Responsible for Trade.

Chile’s year hosting APEC is continuing in the Valparaíso Region, one of the most economically important regions in Chile due to its mining and agricultural exports and port industry.

Located 120 kilometers from the capital city of Santiago, the Valparaíso Region is Chile’s second most populous after the Metropolitan Region. It has a large surface area and its varied geography includes the Andes mountains, the intermediate valley, the coastal mountains and the central coastline. The region is home to a range of climate types, from semi-arid in the valleys to Mediterranean by the coast.

With its ocean and green areas, the region is also known for its food. Chorillana, a delicious dish made with fried meat, eggs, onions and fries, is just one of the traditional local dishes. Seafood stew is also characteristic of the area, as fish and shellfish are abundant here thanks to its proximity to the coast.

The Valparaíso Region is divided into eight provinces and 38 municipalities and has a high percentage of urban population. Its cities are known for their intense cultural and artistic activities. Most residents work in economic activities related to mining, agriculture and livestock, fishing, trade and forestry.

In 2018, 9% of Chile’s exports came from the Valparaíso Region. The mining sector was responsible for 63.4% of the shipments, or over US$4 billion in exports. It was followed by agriculture, specifically the production of grapes, avocados, raisins and walnuts.

APEC member economies accounted for 67% of the products exported from the Valparaíso Region last year. Copper is the local ore that is most in demand, with total exports to Asia-Pacific forum members of US$3.354 billion in 2018.

It is important that regions outside of the Chilean capital are being included on APEC’s 2019 schedule. In this case, the Valparaíso Region will have the opportunity to increase the visibility of its industries, showcasing its tourism and industrial economy to delegates.