EU to start negotiations for Association Agreement with the Andean Community; aid package for the region of EUR 713 million

The EU and the Andean Community announced on the 19 April 2007 in Santo Domingo their intention to start negotiations for an Association Agreement in the margins of the next EU-Andean Community Joint Committee that would be held in La Paz at the end of May 2007.

By then, it was expected that the Andean Community would have made further progress on regional integration. The Commission would carry out the negotiations on behalf of the EU. During the meeting, Commissioner Ferrero-Waldner presented a large aid package for the Andean region, amounting to around €713 million for the period (2007-2013), adopted by the European Commission to assist the region to address the most important challenges they face. The allocations are €234 million for Bolivia, €160 million for Colombia, €137 million for Ecuador, €132 million for Peru and €50 million to support regional integration.

• Primary Source

EU: EEAS: Andean Community and the European Union https://eeas.europa.eu/diplomatic-network/andean-community_en

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