Trade Agreement EU-Colombia/Peru

European CommissionDG Trade

Trade Agreement EU-Colombia/Peru

Human Rights

Essential clause of the Agreement

Possibility of termination of the Agreement, or its partial or complete suspension

Market Access for Trade in Goods

• Liberalisation• Gradual and asymmetric

• Industrial and fisheries• Full liberalisation

• Agricultural• Significant liberalisation (beyond GSP) while providing

for most sensitive products (TRQ, limited liberalisation)

Agriculture

• Liberalisation of key produce of interest• Immediate liberalisation for coffee, flowers, palm oil and

for the majority of fruits and vegetables by the EU• Liberalisation for wines, spirits and olive oil by Colombia

and Peru

• Elimination of export subsidies• Agricultural safeguard

• For the most sensitive products (e.g. dairy sector)

Agriculture

• Tariff Rate QuotasEU (for COL)

• Sugar – 62.000t + 1.860t annual increase• Sugar Products – 20.000t + 600t annual increase• Beef – 5.600t + 560t annual increase

Colombia• Dairy – with in-quota or extra-quota liberalisation• Yogurt – 100t + 5t annual increase• Sugar products – 6.667t + 200t annual increase

Agriculture

• Tariff Rate QuotasEU (for COL)

• Sugar – 22.000t + 660t annual increase• Rice – 34.000t + 3.400t annual increase• Beef – 2.150t + 215t annual increase

Perú• Powder Milk – 3.000t + 300t annual increase• Cheese – 2.500t + 250t annual increase • Poultry – 3.750t + 375t annual increase

Agriculture

• Banana• €124 in 2013 €75 in 2020

(WTO €132 in 2013 €114)

• Stabilisation Mechanism(trigger volumes)

Movement of Goods

• Product from Andean country free movement within EU

• Product from EU endeavour to avoid duplication of procedures and controls• Apply most favourable customs procedures• Benefit from harmonised procedures and standards

Rules of Origin

• "Wholly obtained" OR "sufficient working/processing"• Some more flexible rules (for roasted coffee exports from the

EU or for some textile exports from Colombia)

• Cumulation of Origin• EU-Colombia-Peru• With CA and other Andean countries

• Proof of Origin• EUR.1 certificate (competent authority)• Invoice declaration (by approved exporter or for consignments

below 6.000 EUR)

Sanitary and Phytosanitary measures

• Increased transparency and exchange of information• Provide information on specific requirements (15 days)• Inform of newly available scientific evidence• Option to verify the control system of the other Party

• List of establishments meeting the requirements of the importing Party

• Technical Assistance to meet SPS standards

Non-Tariff Barriers

• Enhanced communication and cooperation • technical regulations, standards and conformity

assessment

• Increased transparency on new regulations• 60 (preferably 90) days to comment• Six months for entry into force• Online publishing

• Provisions on labelling and marking• Limiting permanent labelling

Services and Investments

• Liberalisation for cross border supply of services and for establishments• National treatment

• Facilitating temporary presence of service suppliers• Possibility of mutual recognition agreements

• Establishment of Enquiry Points

• Current Payment and Capital Movement• Free movement, while allowing for specific safeguards

Trade Defence

• Anti-Dumping and Countervailing Measures

• Multilateral Safeguard Measures

• Bilateral Safeguard Clause• Only during the transition period (t or t10+ + 3 years)

• Duration: 2 + 2 years

Government Procurement

• Access to procurements at central and sub-central levels • details in Annex XII

• Transparent and impartial procedures • same treatment for all entities, prohibition of offsets

• Some exceptions • acquisition or rental of land, international cooperation,

fiscal agencies and regulated financial institution, public employment contracts

Intellectual Property Rights

• Balance the rights of the IP holders with interest of the public

• Trademarks, Geographical Indications, Copyright, Designs and Patents

• Protection of Biodiversity and Traditional Knowledge

Competition

• Banning all anticompetitive practices• Cartels, abuse of dominance, restrictive agreements• Includes all central and sub-central authorities

• Cooperation in enforcement activities

• Transparency on Subsidies

Trade Cooperation

• Technical Assistance and capacity building

• Strengthening of institutional and commercial capacity

• Promoting SMEs development

Dispute Settlement

• Based on transparency• open hearings and amicus curiae briefs

• Clear sequencing• no right to impose retaliation until non-compliance is verified• Trade Committee Consultations arbitration

• Mediation Mechanism for non-tariff measures• Mechanism for finding conciliatory and expeditious solutions

Trade and Sustainable Development

• Trade and Investment in promotion of decent work and environmental sustainability• Commitment on effective implementation of core ILO

standards and of multilateral environmental agreements• Upholding levels of protection

• Civil Society involvement• Domestic mechanisms and joint

dialogue/consultations

• Government Consultations• Group of Experts

Institutional Framework

ContactsBrussels•Tomaz Gorisek (Tomaz.Gorisek@ec.europa.eu)

Bogota•Miriam Garcia Ferrer (Miriam.GARCIA-FERRER@eeas.europa.eu)Lima•Paul Bonnefoy (Paul.Bonnefoy@eeas.europa.eu)

Internet•Export Helpdesk (www.exporthelp.europa.eu) •Market Access DataBase (www.madb.europa.eu)