EP resolutions

The European Parliament adopted a legislative resolution on the draft Council decision on the conclusion on behalf of the European Union of the Political Dialogue and Cooperation Agreement between the European Community and its Member States, of the one part, and the Republics of Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, of the other part, as regards Article 49(3) thereof.

Parliament gave its consent to the conclusion of the Agreement.

The European Parliament adopted by 557 votes to 100, with 21 abstentions, a legislative resolution on the draft Council decision on the conclusion of the Agreement establishing an Association between the European Union and its Member States, on the one hand, and Central America, on the other.

Parliament consented to the conclusion of the agreement.

The European Parliament adopted by 564 votes to 100, with 16 abstentions, a resolution on the draft Council decision on the conclusion of the Agreement establishing an Association between the EU and its Member States, on the one hand, and Central America, on the other.

Parliament recalls that the Association Agreement sets a major precedent by being the first bi-regional AA signed by the EU since the entry into force of the Treaty of Lisbon.

The Agreement implies a political and economic association between the EU and the region and will extend, on a qualitative and quantitative basis, the range of goods and services that will benefit from a free trade area.

It will contribute to greater regional integration and stability in Central America by reinforcing legal security, an increase in trade and investment flows, and by offering an opportunity for diversification and for attracting long-term productive investments.