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Central America

The EU-Central America Association Agreement (Costa Rica, Guatemala, El Salvador, Nicaragua, Honduras and Panama) was signed on 29 June 2012. The trade part of this agreement has been applied in Honduras, Nicaragua and Panama since August 2013, since 1 October 2013 in Costa Rica and El Salvador and since 1 December 2013 in Guatemala.

The Association Agreement consists of three pillars: political dialogue, cooperation and trade. The EU’s central trade policy objectives for Central America are to increase bilateral trade and use it to strengthen the process of regional integration between the region's countries. In practical terms this means the creation of a customs union and economic integration in Central America.

See also:

Highlights of the trade pillar of the Association Agreement with Central America