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Trade Agreement European Union EU Colombia Peru

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Master International Business


 

Learning unit: EU - Andean Countries. FTA with Colombia and Peru.  Syllabus:

- European Union and Andean Countries Trade Relations.
- The Trade Agreement between Colombia, Peru and the EU.

M Course learning materials: En

M Educational level: Continuing education / Executive education programs.

M Related International Trade Courses and Masters: European Union - Master Business in America - Master in International Business (Foreign Trade, Global Marketing and Internationalization). Spanish: Comercio Exterior Europa Comunidad Andina

Course summary The Trade Agreement between Colombia, Peru and the European Union :

The European Union, Colombia and Peru announced the conclusion of negotiations for a trade agreement on may 2010 during the EU-LAC summit. This Agreement is estimated to be worth half a billion Euros in duties saved alone and is expected to boost Colombia and Peru's economies by close to 1% of GDP.

The EU is the second largest trading partner of the Andean region after the United States.

In 2010, the Andean Community of Nations (Bolivia, Colombia, Ecuador and Peru) represented 0.7% of the EU's world trade whereas the EU totaled 14% of CAN's trade (2009).

In 2010,EU imports from Andean countries are predominantly primary products: agricultural products (41.1%); fuels and mining products (44.7%).

EU exports consist mostly of manufactured goods (81.5%), notably machinery and transport equipment (46.5%) and chemical products (13.8%).

Example of the course The Trade Agreement between Colombia, Peru and the European Union :
EU - Andean Countries. FTA with Colombia and Peru


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