European Union free trade agreements
Encyclopedia
European Union
has concluded free trade agreements
with many countries world-wide and negotiating with many others.
(EPA) are being implemented for ACP countries.
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
has concluded free trade agreements
Free trade area
A free trade area is a trade bloc whose member countries have signed a free trade agreement , which eliminates tariffs, import quotas, and preferences on most goods and services traded between them. If people are also free to move between the countries, in addition to FTA, it would also be...
with many countries world-wide and negotiating with many others.
Free trade agreements in force
State | Date | Notes |
---|---|---|
Albania | 2009 | SAA |
Algeria | 2005 | AA |
Andorra | 1991 | Customs Union European Union Customs Union The European Union Customs Union is a customs union which consists of all the Member States of the European Union and a number of surrounding countries.... |
Bosnia and Herzegovina | 2008 | SAA |
Chile | 2003 | |
Colombia | signed 2011 | |
Independent State of Croatia | 2005 | SAA |
Egypt | 2004 | AA |
Faroe Islands | 1997 | autonomous entity of Denmark Denmark Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark... |
Iceland | 1973 (EEA since 1992) | EEA European Economic Area The European Economic Area was established on 1 January 1994 following an agreement between the member states of the European Free Trade Association and the European Community, later the European Union . Specifically, it allows Iceland, Liechtenstein and Norway to participate in the EU's Internal... |
Israel | 2000 | AA |
Jordan | 2002 | AA |
Lebanon | 2003 | AA (FTA provisions in force since 2003) |
Liechtenstein | 1973 | EEA European Economic Area The European Economic Area was established on 1 January 1994 following an agreement between the member states of the European Free Trade Association and the European Community, later the European Union . Specifically, it allows Iceland, Liechtenstein and Norway to participate in the EU's Internal... |
2004 | SAA | |
Mexico | 2000 | Details Free Trade Agreement between Mexico and the European Union Free Trade Agreement between Mexico and the European Union , is a trade agreement between the European Union and Mexico. It was signed on the December 8th 1997, in the city of Brussels the Agreement of Economic Partnership, Political Coordination and Cooperation between the United Mexican States... |
Kingdom of Montenegro | 2010 | SAA |
Morocco | 2000 | AA |
Norway | 1973 (EEA since 1992) | EEA European Economic Area The European Economic Area was established on 1 January 1994 following an agreement between the member states of the European Free Trade Association and the European Community, later the European Union . Specifically, it allows Iceland, Liechtenstein and Norway to participate in the EU's Internal... |
Palestinian National Authority | 1997 | AA |
Peru | signed 2011 | |
San Marino | 1992 | Customs Union European Union Customs Union The European Union Customs Union is a customs union which consists of all the Member States of the European Union and a number of surrounding countries.... |
Serbia | 2010 | SAA |
South Africa | 2000 | |
South Korea | 2011 (PROVISIONAL) |
Details, provisional application from 1 July 2011 |
Switzerland | 1973 | EFTA European Free Trade Association The European Free Trade Association or EFTA is a free trade organisation between four European countries that operates parallel to, and is linked to, the European Union . EFTA was established on 3 May 1960 as a trade bloc-alternative for European states who were either unable to, or chose not to,... |
Tunisia | 1998 | AA |
Turkey | 1995 | Customs Union: Details |
Pending
Economic Partnership AgreementEconomic Partnership Agreements
Economic Partnership Agreements are a scheme to create a free trade area between the European Union and the African, Caribbean and Pacific Group of States . They are a response to continuing criticism that the non-reciprocal and discriminating preferential trade agreements offered by the EU are...
(EPA) are being implemented for ACP countries.
State | Signed | Notes |
---|---|---|
Cameroon Cameroon Cameroon, officially the Republic of Cameroon , is a country in west Central Africa. It is bordered by Nigeria to the west; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Cameroon's coastline lies on the... |
2009 | |
CARIFORUM CARIFORUM The Caribbean Forum is a subgroup of ACP States and serves as a base for economic dialogue with the European Union. It was established in 1992. Its membership comprises the 15 Caribbean Community states, along with the Dominican Republic... States |
2008. | Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, the Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, Saint Christopher and Nevis, Suriname, Trinidad and Tobago |
Central American Common Market | 2011 | details European Union Central American Association Agreement The European Union Central American Association Agreement is a free trade agreement between the European Union and the Central American Common Market. The agreement was concluded in May 2010 and was initialled in Brussels on 22 March 2011... |
Ivory Coast | 2009 | |
South Korea South Korea The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south... |
2010 | Provisionally applied from 2011 but not yet fully ratified |
Negotiating
- IndiaIndiaIndia , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
- ASEAN countries - now being pursued individually
- UkraineUkraineUkraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...
- SingaporeSingaporeSingapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
- CanadaCanadaCanada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
- GCCCooperation Council for the Arab States of the GulfThe Cooperation Council for the Arab States of the Gulf , also known as the Gulf Cooperation Council , is a political and economic union of the Arab states bordering the Persian Gulf and constituting the Arabian Peninsula, namely Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates...
- RussiaRussiaRussia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
(details) - MercosurMercosurMercosur or Mercosul is an economic and political agreement among Argentina, Brazil, Paraguay and Uruguay. Founded in 1991 by the Treaty of Asunción, which was later amended and updated by the 1994 Treaty of Ouro Preto. Its purpose is to promote free trade and the fluid movement of goods, people,...
See also
- Free trade areaFree trade areaA free trade area is a trade bloc whose member countries have signed a free trade agreement , which eliminates tariffs, import quotas, and preferences on most goods and services traded between them. If people are also free to move between the countries, in addition to FTA, it would also be...
- List of free trade agreements
- List of bilateral free trade agreements
- EU-ACP Economic Partnership AgreementsEconomic Partnership AgreementsEconomic Partnership Agreements are a scheme to create a free trade area between the European Union and the African, Caribbean and Pacific Group of States . They are a response to continuing criticism that the non-reciprocal and discriminating preferential trade agreements offered by the EU are...
- European Union Association AgreementEuropean Union Association AgreementA European Union Association Agreement is a treaty between the European Union and a non-EU country that creates a framework for co-operation between them. Areas frequently covered by such agreements include the development of political, trade, social, cultural and security links...
- United States free trade agreementsUnited States free trade agreementsThe United States is party to many free trade agreements worldwide.Beginning with the Theodore Roosevelt administration, the United States became a major player in international trade, especially with its neighboring territories in the Caribbean and Latin America...
- Euro-Mediterranean free trade areaEuro-Mediterranean free trade areaThe European Union-Mediterranean Free Trade Area , also called the Euro-Mediterranean Free Trade Area or Euromed FTA, is based on the Barcelona Process and European Neighbourhood Policy...
- Free trade areas in Europe
- List of the largest trading partners of the European Union