Association Agreement European Union

The preface (other languages), published in November 2020 by Sabine Weyand, Director-General of DG Trade, provides an overview of the successes achieved in 2019 and the ongoing work for the EU`s 36 main preferential trade agreements. The working document attached by the Commission services contains detailed information under the trade and partner agreements. The European Union and Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) signed an Association Agreement at the meeting of the Presidents of the Central American Integration System in Tegucigalpa (Honduras) on 29 June 2012. Trade negotiators from Central American countries and the European Union met on 3 February 2010 for a three-day informal meeting at which they agreed on a work plan for the conclusion of an Association Agreement in May. The seventh round of negotiations was held in Brussels on 22 and 26 February 2010, with Panama as an observer, and officially announced its intention to participate in the negotiations. A month later, negotiators held a new round of technical discussions in Brussels. Negotiations concluded in May 2010 at the Latin America-Caribbean and European Union Summit in Madrid, Spain. Central America and the European Union discussed how to take the agreement forward at the XVI meeting of the Joint Commission held in Brussels on 8 February 2011. On 22 March 2011, Central America and the European Union initialled the agreement after legal review. On 25 October 2011, the European Commission reviewed and approved the agreement, completing the first step in the signing process. In the next phase, the Council of the European Union will re-examine the agreement and approve its signature. In recent history, these agreements have been signed under two EU policies: the Stabilisation and Association Process (EAP) and the European Neighbourhood Policy (ENP).

The Committee on Trade and Sustainable Development shall enter into force within the first year of the entry into force of the Agreement and, where appropriate, thereafter to monitor the implementation of Title VIII (Trade and Sustainable Development), including the cooperation measures referred to in Title VI of Part III of the Agreement. The decisions and recommendations of the Committee shall be adopted by mutual agreement between the Parties and made available to the public, unless the Committee decides otherwise. Trade agreements between the EU and other countries or free trade areas have different repercussions on the economies concerned. The agricultural industry is most affected when regional farms face competition from large producers who have access to markets when tariffs fall. . . .

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