ISDS Case Map
CAN
Andean Community
The European Commission's objective is to ''establish an enhanced partnership through a network of association agreements (including free trade agreements) involving all the countries of the [Latin America and Caribbean] region and liable to contribute to the integration of the region as a whole.''
Rather than any remarks made by Venezuelan President Hugo Chávez, the problem of the Andean Community of Nations (CAN) is the execution of Free Trade Agreements (FTA) with the United States, Foreign Vice-Minister Pavel Rondón told state TV channel Venezolana de Televisión during an interview.
Coming into force of the Colombian-US Free Trade Agreement (FTA) has encountered opposing positions in Venezuelan sectors. Three visions prevail -firstly, it is feared that the impact on Colombian-Venezuelan trade will be negative; secondly, there could be a negative impact in the medium term, but a positive one in the short term; last but not least, good prospects are anticipated.
The five-nation Andean community has agreed to create a special tariff regime with the European Union (EU) to ease the path to a free trade agreement, the regional bloc said in a statement published here on Thursday.
The region-wide campaign against the US-Andean free trade agreement (FTA) made important, if partial, achievements in 2005. The FTA negotiation has been delayed thanks to social pressure, but it has not been stopped.
An apparently chance remark by a junior trade minister appears to have put Venezuela's Foreign Minister Alí Rodríguez Araque on something of a spot.
Minister of Integration and Foreign Trade Gustavo Márquez declared Tuesday that in the event that the parties to the Andean Community decide to sign a Free Trade Agreement (FTA) with the United States, Venezuela will have to revise trade arrangements with those nations.
Colombia, Ecuador, Peru and the United States on Monday began the 12th round of negotiations on a free trade agreement (FTA), in an effort to put a deal in effect in 2006.
As indicated by CAFTA's ratification, instead of pushing for the enactment of the FTAA, the Bush administration has re-evaluated its strategy, now attempting to build up momentum by establishing separate free trade agreements with the different regions in the hemisphere through a "divide-and-conquer" strategy.
The battle over a free trade agreement with Central America spilled over Tuesday in Miami to the Andean nations of South America.
