• Chilean President Gabriel Boric visited Spain and met with Spanish President Pedro Sánchez to sign a series of international agreements, including the Film Co-Production Agreement, which will facilitate joint work between filmmakers from both countries.
• This agreement allows projects to have dual nationality, apply for financing in Chile and Spain, and the opportunity to travel between countries without so many difficulties to work.
• This new co-production agreement is in addition to those that already exist between Chile and the countries of Venezuela, Argentina, Canada, Brazil, Belgium – Walloon region, Germany, France and Italy.
«The International Film and Audiovisual Co-Production Agreement signed between Chile and Spain, which joins those in force with Argentina, Germany, Brazil, Canada, France, Italy and Venezuela, is excellent news. In addition to strengthening ties with this country, with which we already have cultural agreements, it directly benefits the audiovisual sector, as it contributes to the development, prestige and economic expansion of the film and audiovisual industries, so highly valued by both States».
With these words, the Chilean Minister of Culture, Arts and Heritage, Jaime de Aguirre, highlighted the signing of the International Administrative Agreement on Film and Audiovisual Co-Production between the Kingdom of Spain and the Republic of Chile, headed by President Gabriel Boric and the President of the Government of Spain, Pedro Sánchez, at the Moncloa Palace, Madrid.
On the occasion, the Chilean President emphasized that «with Spain we share values and work for a fair future in community. Together with President Pedro Sánchez, we reaffirmed that commitment and signed four agreements on cybersecurity, film and cultural co-production, foreign policy and dissemination of human rights and memory. I am sure that we will continue to strengthen the common path between Chile and Spain to achieve greater welfare for our compatriots».
Paula Ossandón, Director of Chiledoc, comments on the importance of the agreement: «International co-productions are an essential tool for strengthening production, marketing and reaching new audiences. Developing content with Spain, which represents a very attractive market for the Chilean audiovisual industry, will allow us to access new funds, raise business opportunities, access to distributors and other audiences».
Regarding the implications that this agreement has for the national audiovisual sector, Ossandón points out that «this co-production agreement will allow us to raise audiovisual exchange with Spain, which needed this fundamental boost to generate new exchanges, alliances and commercialization. We have common elements that allow us to hope for good results from these links, such as socio-cultural similarities and a common language. From Chiledoc we feel that this agreement means a great boost for the production, distribution and commercialization of Chilean documentaries and documentary series.»
Benefits of the agreement
This agreement allows -among other aspects- that the production has dual nationality, thus being able to access the benefits and instruments of promotion and / or tax advantages that exist in both States. It also favors the expansion of budgets through co-financing between the parties, as well as access to funds from each of the co-producing countries, it makes it possible to increase distribution circuits, subject to the agreements in force between the parties; and it expands international markets.
Likewise, with this agreement, the authorities will seek to facilitate the entry and stay in their territory of the authorial, technical and artistic personnel of the other country, as well as the temporary import and export of cinematographic material, technical and other equipment necessary for the production of the works made within the framework of the agreement.
temporary importation and exportation of cinematographic material, technical equipment and other equipment necessary for the production of works made within the framework of the agreement.
Each State undertakes to encourage and develop by all means the dissemination in its country of the works of the other party.
internacional@chiledoc.cl
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