This article is a brief summary of the current state of affairs in the field of trade policy (progress on regional negotiations and trade agreements) for the period between October 26 and November 26, 2015.
This month’s trends
During this period, the outlook for regional trade policy was characterized mainly by the presentation of the text of the Trans-Pacific Partnership (TPP), and the discussions around this. Similarly, the immigration crisis in Central America and disputes in Venezuela also dominated the agenda. There have been advances on existing agreements, notably the regional agreements between Chile, Central America, and Mexico with partners both within and outside the region, and the agreements of major integration blocs like ALADI, ACS, the MERCOSUR, SICA, and SELA. Progress was also made on new and advanced negotiations.
Over the course of the month, progress was made on one new agreement, thirty-five existing agreements, and ten trade negotiations (seven advanced and three concluded).
- Trans-Pacific Partnership (TPP): The Trans-Pacific Partnership (TPP) sees the light of day (in Spanish)
- Pacific Alliance: Peru ratifies additional protocol for the Pacific Alliance framework agreement (in Spanish)
- CELAC defines extraregional relations and prepares upcoming summit
- Ecuador and Turkey move towards a trade agreement (in Spanish)
- Fourth round of negotiations for FTA between Peru and Turkey begins with significant results (in Spanish)
- The European Union supports trade agreement with Ecuador but calls for action on social issues (in Spanish)
Selected News on Trade Agreements Currently in Force
- ACS: Leaders from 21 countries in the Caribbean and Central America meet to support MSMEs (in Spanish)
- Latin American Integration Association (ALADI): Fourth Meeting of Government Officials Specializing in Trade in Services Statistics (in Spanish)
- Bolivia/Chile Partial Scope ECA 22: Controversies over the facilities Chile provides for Bolivia’s maritime trade (in Spanish)
- Central America/European Union: Deadlines have been set for reimbursement of duties on imports from the EU (in Spanish)
- Colombia/Venezuela: In search of a Venezuela–Colombia border agreement (in Spanish)
- Costa Rica/People’s Republic of China: Costa Rica approves first vote concerning the investment promotion agreement with China (in Spanish)
- Caribbean Community (CARICOM): CARICOM Secretary visits Brazil to strengthen links (in Spanish)
- MERCOSUR/Bolivia: Bolivia seeks special treatment in trade agreement with Germany and the European Union (in Spanish)
- MERCOSUR/Chile: Chile and Brazil sign historic economic and trade cooperation agreement (in Spanish)
- Mexico/EU:Mexico and the EU make headway on Economic Partnership and Cooperation Agreement (in Spanish)
- Panama/Chinese Taipei: Panama and Taiwan sign agreement (in Spanish)
- Peru/Korea: Pharmaceutical companies in Peru and Korea close agreements worth US$12.6 million (in Spanish)
- Peru/United States of America: Peru and the United States continue to make progress towards the implementation of their FTA (in Spanish)
- Peru/People’s Republic of China: Peru emphasizes its economic growth to Chinese investors (in Spanish)
- Peru/Thailand: Peruvian canned tuna industry at risk due to unfair competition from Thailand (in Spanish)
- Central American Integration System (SICA): First meeting of the Central American Integration System ends with no agreement on Cubans (in Spanish)
- Latin American Economic System (SELA): SELA commemorates the 40th anniversary of its articles of agreement (in Spanish)
- Union of South American Nations (UNASUR): Statement issued by the Electoral Mission of the Union of South American Nations during the elections of the National Assembly held in the Republic of Venezuela
The IJI is an analytical compilation of regulatory texts, commentaries, and the monitoring of legal commitments and developments concerning the various integration processes taking place in Latin America and the Caribbean. For news and to learn more about the progress made on trade agreements and negotiations, visit IJI.