Customs Flash (02/08/2013)
Update on EU Free Trade Agreements: EU – Central America Agreement partially effective as of 1 August 2013
As from 1 August 2013, the trade pillar of the European Union’s (EU) Association Agreement with Central America became provisionally applicable for trade between the EU and Honduras, Nicaragua and Panama.
Two years ago, the EU concluded negotiations for its first region-to-region Agreement with the Central American countries (also including Costa Rica, El Salvador and Guatemala in addition to Honduras, Nicaragua and Panama). This Agreement consists of three pillars, trade being one of them. The Agreement (trade pillar) will also become applicable for trade between the EU and Costa Rica, El Salvador and Guatemala, once these countries have also completed their internal legislative procedures.
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