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EU trade with Latin America and the Caribbean: Overview and figures

14-09-2018

This publication provides an overview of trade relations between the EU and Latin American and Caribbean countries and groupings. The EU has 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. Since November 2017, a new agreement governing trade relations with Cuba has also been provisionally applied ...

This publication provides an overview of trade relations between the EU and Latin American and Caribbean countries and groupings. The EU has 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. Since November 2017, a new agreement governing trade relations with Cuba has also been provisionally applied. In addition, the EU is currently modernising its agreements with Mexico (with which it has reached an 'agreement in principle') and Chile. The EU also has framework agreements with Mercosur and its individual members (Argentina, Brazil, Paraguay, and Uruguay). The agreement with the former will be replaced, once the ongoing 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 main agreements governing trade relations that are already in place, and analyses the rationale behind the ongoing negotiations on the EU-Mercosur, EU-Mexico and EU-Chile agreements. This is a revised and updated edition of a publication from October 2017 by Gisela Grieger and Roderick Harte, PE 608.793.

EU trade with Latin America and the Caribbean: Overview and figures

26-10-2017

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 ...

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. This is a revised and updated edition of a publication from March 2016 by Enrique Gomez Ramirez, Eleni Lazarou, Laura Puccio and Giulio Sabbati, PE 579.086.

EU–Latin America trade relations: Overview and figures

11-03-2016

Trade relations between the EU and Latin American countries have come back into the spotlight in recent years. Collectively, the countries forming the Community of Latin American and Caribbean States (CELAC) represent the fifth largest trading partner of the EU. The EU has concluded agreements with two Latin American (LA) groupings (Cariforum and the Central America group) and with four other Latin American countries (Mexico, Chile, Peru and Colombia). The FTAs concluded by the EU with Latin American ...

Trade relations between the EU and Latin American countries have come back into the spotlight in recent years. Collectively, the countries forming the Community of Latin American and Caribbean States (CELAC) represent the fifth largest trading partner of the EU. The EU has concluded agreements with two Latin American (LA) groupings (Cariforum and the Central America group) and with four other Latin American countries (Mexico, Chile, Peru and Colombia). The FTAs concluded by the EU with Latin American countries differ considerably in terms of coverage and methodology depending on the time at which they were concluded and the context of the negotiations. The EU now aims to modernise the oldest FTAs, concluded with Mexico and Chile, in order to align them to the current standards of EU FTAs. The long-standing negotiations on a comprehensive trade agreement with Mercosur – which would mean the EU then had trade agreements with nearly all of Latin America – are yet to pick up pace, however.

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