EU trade agreement could be delayed

Negotiations with the European Union on an Association Agreement might be delayed longer than expected. It might take until the end of 2009, and the accord might not go into effect until 2014.

Wednesday, July 23, 2008

Enrique Lacs, former economic minister of the economy for Guatemala and former negotiator of the trade agreements made between Guatemala and the United States and Mexico, says he thinks the negotiations will take more time while aspects of policies, cooperation and market access are hammered out.
He added that even if the agreement with Europe is finalized in the second half of next year, it will take more time for the various member governments of the EU to ratify it.

More on this topic

Guatemala Could Enter AA with EU in November

September 2013

The country has fulfilled the last requirement which was pending, the registration of geographical indications, meaning that the Association Agreement could come into force in November.

The Ministry of Economy will notify on September 30 that it has complied with the ratification of the Association Agreement with the European Union and with the 60-day period required for amendments to the Law on Industrial Property related to geographical indications.

Central America Fractures Before EU

April 2010

Some countries abandoned the last negotiation round, as Europe maintains its ground despite Central American pressure.

The delegations from Nicaragua and El Salvador will return to their countries to consult on the last European proposals, which they deem insufficient.

Costa Rica will pile on the pressure until an adequate ‘balance’ is reached.

EU Has Trouble Reaching Agreements with Latin American Blocs

April 2009

The problematic attempts by the European Union to reach trade agreements with Mercosur and CAN are bad precedents.

The Association Agreement between Central America and Europe, interrupted in Honduras yesterday when the Nicaraguan negotiators left what was the seventh round of negotiations between the parties, adds itself as unfinished business to the others Europe is attempting to negotiate with the Southern Common Market (MERCOSUR), comprised of Argentina, Brazil, Paraguay and Uruguay and the Andean Community of Nations (CAN).

European Union hints at sweet deal on trade

April 2008

The European Union might be willing to apply trade concessions to Central America under the enhanced Generalized System of Preferences (GSP-Plus), giving the region the equivalent of most-favored nation status. The possibility arose during talks between the two blocs.

Rupert Schlegelmilch, the EU's chief trade negotiator, told reporters that he well understood Central America's wish to apply GSP-Plus, which is designed for the world's most vulnerable nations.

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