Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Economic relations between the European Union and Central America: building a bi-regional association. Jean Monnet/Robert Schuman Paper Series Vol. 9, No. 11, October 2009

Rueda-Junquera, Fernando. (2009) Economic relations between the European Union and Central America: building a bi-regional association. Jean Monnet/Robert Schuman Paper Series Vol. 9, No. 11, October 2009. [Working Paper]

[img]
Preview
PDF
Download (808Kb) | Preview

    Abstract

    Unlike the United States, the European Union (EU) did traditionally not have motivations to privilege its relations with Central America.1 The economic, political and geostrategic interests in the region are modest, as compared with those existing in other groups of less developed countries (LDCs) such as the so-called African, Caribbean and Pacific countries (ACP countries) and the Southern and Oriental Mediterranean countries (MEDA countries). Nevertheless, the threat of an internationalization of the Central American conflict after the victory of the Sandinista Front in Nicaragua in 1979, was able to attract EU’s attention towards the region and encourage a greater involvement in it. The EU took the initiative in institutionalizing a political dialogue –the San José Dialogue–,2 which has facilitated the signing of three multilateral cooperation agreements between the two regions in 1985, 1993 and 2003. The subscription of the last Political Dialogue and Cooperation Agreement in 2003 opened the possibility of strengthening the bi-regional relations, which had been losing dynamism since the end of the Central American conflict. The chosen way has been the negotiation of an Association Agreement (AA), including –in addition to political dialogue and cooperation – the establishment of a bi-regional free trade area. The results of this negotiation initiated in 2007, will condition the future of the relations between both regions. This paper aims at assessing the bi-regional economic relations in the context of the aforementioned negotiation. With this purpose, the paper is divided into four sections. The first two ones present respectively, the state of the trade and financial relations. After that, the third section analyzes the background to the negotiation of the AA and the major negotiation issues. The fourth and last section provides the main conclusions drawn from that analysis.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > External relations > international trade
    EU policies and themes > External relations > EU-Latin America
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > University of Miami, Florida-EU Center of Excellence > Jean Monnet/Robert Schuman Paper Series
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 28 Sep 2010
    Page Range: p. 20
    Last Modified: 15 Feb 2011 18:37
    URI: http://aei.pitt.edu/id/eprint/14999

    Actions (login required)

    View Item

    Document Downloads