Chile–Mexico relations with representatives of the United States and Mexico in Niagara Falls, Canada to ease the tension between the two nations and to avoid war, which afterwards did not occur. On 11 November 1974, then-Mexican President Luis Echeverría Álvarez severed diplomatic relations with Chile a year after the unconstitutional removal and death of elected President Salvador Allende by General Augusto Pinochet. For the next fifteen years, Mexico would receive thousands of Chilean refugees who were fleeing the dictatorship of Pinochet. Both nations re-established diplomatic relations on 23 March 1990. Since the re-establishment of diplomatic relations, both nations have increasingly become closer
Economy of Chile Foundation's "Index of Economic Freedom" in 2012, Chile has the strongest private property rights in Latin America, scoring 90 on a scale of 100. Chile's AA- S&P credit rating is the highest in Latin America, while Fitch Ratings places the country one step below, in A+. There are three main ways for Chilean firms to raise funds abroad: bank loans, issuance of bonds, and the selling of stocks on U.S. markets through American Depository Receipts (ADRs). Nearly all of the funds raised through these means go to finance domestic Chilean investment. In 2006, the Government of Chile ran a surplus