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About the Trade Agreement between the European Union, Colombia, Ecuador and Peru
Since 2013, the European Union (EU) has a Trade Agreement with Colombia and Peru in place, which Ecuador joined in 2017. The Agreement gradually opens up markets on both sides and increases the stability and predictability of the trade and investment environment. It is also one of the first “new generation” trade agreements of the EU, characterised by its comprehensive scope that covers, in addition to liberalisation of trade in goods and services, investment, public procurement, competition, intellectual property rights, as well as trade and sustainable development issues.
About the evaluation of the Trade Agreement
After several years of implementation, an evaluation study will analyse the economic, social, human rights (including labour rights) and environmental impacts of the implementation of the Agreement.
The evaluation is undertaken by BKP Economic Advisors, a German-based economic research and consulting firm, in cooperation with Trade Impact BV, Global Sustainable Solutions, Trinomics, the Universidad del Rosario in Bogota, the Universidad San Francisco in Quito, and the Institute of Peruvian Studies in Lima. Work started in late April 2020 and will continue over 13 months. On this website we will inform you about the progress of the evaluation, including consultations with stakeholders, as well as publish all reports produced (inception, interim, and final report).