On 1 November, the Partnership and Cooperation Agreement (PCA) between the European Union and its Member States and Mongolia will enter into force.
This publication provides an overview of trade relations between the EU and Latin American and Caribbean countries and groupings. The EU has concluded fully fledged agreements with two Latin American groupings (Cariforum and the Central America group), a multiparty trade agreement with three members of the Andean Community (Colombia, Ecuador, and Peru), and bilateral agreements with Chile and Mexico. It is currently also modernising its agreement with Mexico and intends soon to start negotiations on modernising its agreement with Chile. The EU has also concluded framework agreements with Mercosur and its individual members (Argentina, Brazil, Paraguay, and Uruguay). The agreement with the former will be replaced, once the on-going negotiations on an EU-Mercosur association agreement have been completed. This publication provides recent data on trade relations between the EU and Latin American and Caribbean countries and groupings, compares the agreements governing trade relations that have already been concluded, and analyses the reasons behind the ongoing and planned negotiations on the EU-Mercosur, EU-Mexico and EU-Chile agreements.
Update: A meeting report is now available.
The Trade in Services Agreement (TiSA) negotiations aim to reach a plurilateral agreement among those WTO members willing to open markets further on services ranging from financial services and e-commerce to maritime transport. The consultants carrying out this study are the consortium ECORYS/CEPR. The interim report was published in February 2017.