EU-Colombia trade agreement takes effect on 1 August

Trade barriers between the EU and Colombia would be lifted as of 1 August 2013, when a comprehensive and far-reaching trade deal enters into application. The Agreement would open up markets for both EU and Colombian exporters, eventually bringing annual savings of more than €500m for companies.

The improved, more stable conditions for trade and investment are expected to boost trade and investment between the EU and the Andean region. The deal was signed by the EU, Colombia and Peru in June 2012 and will now be applied between all three parties.

ESO: Background Information: 2012/735/EU: Council Decision of 31 May 2012 on the signing, on behalf of the Union, and provisional application of the Trade Agreement between the European Union and its Member States, of the one part, and Colombia and Peru, of the other part http://www.europeansources.info/record/2012-735-eu-council-decision-of-31-may-2012-on-the-signing-on-behalf-of-the-union-and-provisional-application-of-the-trade-agreement-between-the-european-union-and-its-member-states-of-the-one-par/

EU: EEAS: Latin America and the Carribean https://eeas.europa.eu/diplomatic-network/latin-america-and-caribbean_en

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