From the Document: "Chile, a nation of 19.1 million people, is located along the Pacific coast of South America. Chile traditionally has been one of the United States' strongest partners in Latin America due to the countries' common commitments to democracy, human rights, and free trade. Chile also has worked with the United States to promote peace and stability in the Western Hemisphere, as Chile's transition to a higher level of economic development has enabled it to take on additional regional responsibilities."
CRS In Focus, IF10880
Congressional Research Service: https://crsreports.congress.gov/