Chile–Poland relations was founded and they had their own magazine called "Polak w Chile" (Polish People in Chile). On 25 May 1962, Poland opened a commercial office in Santiago and on 7 January 1965, both nations elevated their diplomatic relations to an embassy. On 10 October 1973, soon after the Chilean coup d'état, diplomatic relations between Chile and Poland were severed by Chilean General Augusto Pinochet who was a staunch anti-communist. After democracy was restored to Chile in 1989, both nations re-established diplomatic relations on 11 March 1990. In 1995, former Polish President Lech Wałęsa paid a visit to Chile to partake
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