The EU has different types of agreements in place with countries. They can focus on reducing or eliminating tariff barriers or establishing a customs union by removing customs duties and establishing a joint customs tariff for foreign imports. Besides tariffs, it could also be about investment and how to deal with disputes involving investment.
CETA is not the only trade agreement where negotiations have finished but have not yet entered into force. Other trade agreements in this category include: East African Countries, Ecuador, Singapore, Vietnam, West Africa.
Since July 2013 there have already been fifteen rounds of negotiations over the Trans-Atlantic Trade and Investment Partnership (TTIP) with the United States. The latest negotiation round took place earlier this month.
In Asia negotiations are ongoing for: Malaysia (about halfway, but most difficult issues remain to be resolved), Indonesia (next round of negotiations expected to take place in the first quarter of 2017), Thailand (four negotiation rounds so far, but no new ones have been scheduled), Philippines (next round due to take place before the end of the year), Japan (possibility it could still be concluded this year), Myanmar (four rounds of negotiation, but no date set yet for next round), India (no negotiations at the moment, but discussions on outstanding issues continue).
In Latin America the latest negotiation round for Mercosur took place this month, while the second negotiation round for an agreement with Mexico is to be held in November.
Southern Mediterranean and Middle East: various agreements, including association agreements with eight countries to especially boost trade in goods.
There are no other free trade negotiations ongoing, but there are other talks as well such as negotiations for a comprehensive EU-China investment agreement..
There’s also the Trade in Services Agreement (TiSA), a trade agreement currently being negotiated by 23 members of the World Trade Organisation (WTO), including the EU.
More details here.
2nd May 2018
26th April 2018
26th April 2018