The European Union and the Andean Community (Comunidad Andina de Naciones or CAN) have been working towards a bilateral trade and investment pact since 1993, when they first signed a Framework Cooperation Agreement. In Rome in 2003, ten years later, they signed a joint commitment to formally enter into an Association Agreement, “including a Free Trade Agreement (FTA).” This was reaffirmed at the highest political level in Guadalajara in 2004. In May 2006, both sides agreed to initiate the negotiating process as soon as possible. The Andean Community is composed of Bolivia, Colombia, Ecuador, and Peru. (Venezuela withdrew in 2006.)
In April 2007, the EU adopted its negotiating mandate for the process. The draft is available
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