Central America Seeks Advances in Agreement with EU

In the initial meetings begun yesterday in Brussels the future of “sensitive” products like bananas and sugar will be tackled.

Tuesday, June 23, 2009

This will be one of the last chapters of the negotiation process as it is one of the most difficult to reach a consensus for since it affects the direct interest of both sides.

Siglo XXi published on its website: “To conclude the negotiations by the date established, Central America would become the first region to close with the European Union an agreement “block to block.” Both sides hope to sign the agreement in 2010 under the Spanish presidency of the European Union.”

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May 2012

In late June the Association Agreement between Central America and the European Union will be signed in Tegucigalpa, containing a section on trade which will take effect as soon as it is ratified by one of the governments of the region.

The final flourish of the Association Agreement between Central America and the European Union (EU) - which consists of three pillars: economic, political and cooperation, is scheduled for between 28th and 29th June in Tegucigalpa, during a summit of Central American presidents.

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Negotiators from Central America and the European Union are gathered in Brussels, deciding how to restart the negotiations for an association agreement.

Such negotiations were suspended by the EU in July 2009, after the Honduran political crisis.

Website SigloXXI.com reports: “Spain, who holds the presidency of the European Union, remarked that both the elections and the fact that Porfirio Lobo was sworn in as the new President of Honduras, have ‘paved the way’ for the EU to normalize its relations with the Central American country, in order to resume the negotiations for a bilateral association agreement”.

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The Agreement of Association between two block of nations will be the first such agreement signed by the European Union.

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