Ukraine is pursuing the establishment of a free trade zone with Argentina and Chile, as announced by the Ministry of Economy following a successful diplomatic visit to South America. This initiative has garnered significant interest from Ukrainian companies in the pharmaceutical, agricultural, and processing sectors, aiming to strengthen cooperation with these countries. For Argentina, this move signifies a shift towards a more strategic partnership with Ukraine, particularly in the economic sphere. The negotiations with Argentina are progressing positively, reflecting Ukraine's ambition to engage with a key leader in the Latin American region. The visit to Chile, the first of its kind in 19 years, focused on exploring common grounds in mineral and critical material extraction, as well as logistics, with the intention of deepening bilateral cooperation across these areas.