<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>3
<FILENAME>icletter.txt
<TEXT>


Report of Independent Accountants

To the Board of Directors and Shareholders
of The Chile Fund, Inc.

In planning and performing our audit of the
financial statements of The Chile Fund, Inc.
(the "Company") for the year ended December
31, 2001, we considered its internal control,
including control activities for safeguarding
securities, in order to determine our
auditing procedures for the purpose of expressing
our opinion on the financial statements and to
comply with the requirements of Form N-SAR, not
to provide assurance on internal control.

The management of the Company is responsible for
establishing and maintaining internal control.
In fulfilling this responsibility, estimates and
judgments by management are required to assess
the expected benefits and related costs of
controls.  Generally, controls that are relevant
to an audit pertain to the entity's objective of
preparing financial statements for external
purposes that are fairly presented in conformity
with generally accepted accounting principles.
Those controls include the safeguarding of assets
against unauthorized acquisition, use or
disposition.

Because of inherent limitations in internal control,
errors or fraud may occur and not be detected.  Also,
projection of any evaluation of internal control to
future periods is subject to the risk that controls
may become inadequate because of changes in
conditions or that the effectiveness of their design
and operation may deteriorate.

Our consideration of internal control would not
necessarily disclose all matters in internal control
 that might be material weaknesses under standards
established by the American Institute of Certified
Public Accountants.  A material weakness is a
condition in which the design or operation of one or
more of the internal control components does not
reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts
that would be material in relation to the financial
 statements being audited may occur and not be
detected within a timely period by employees in the
normal course of performing their assigned functions.
However, we noted no matters involving internal
control and its operation, including controls for
safeguarding securities, that we consider to be
material weaknesses as defined above as of
December 31, 2001.

This report is intended solely for the information
and use of the Board of Directors, management and
the Securities and Exchange Commission and is not
intended to be and should not be used by anyone
other than these specified parties.

PricewaterhouseCoopers LLP
Two Commerce Square
Philadelphia, Pennsylvania

February 22, 2002

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