Considerations on COM(2016)174 - Conclusion of the Protocol of Accession to the Trade Agreement with Colombia and Peru to take account of the Accession of Ecuador

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dossier COM(2016)174 - Conclusion of the Protocol of Accession to the Trade Agreement with Colombia and Peru to take account of the Accession of ...
document COM(2016)174 EN
date April  4, 2016
 
(1) On 19 January 2009 the Council authorised the Commission to negotiate a trade agreement on behalf of the Union with those Member Countries of the Andean Community which shared the aim to reach an ambitious, comprehensive, and balanced trade agreement.

(2) On 26 June 2012, the Union signed the Trade Agreement between the Union and its Member States, of the one part, and Colombia and Peru, of the other part 2 ("Trade Agreement"). The Trade Agreement has been provisionally applied since 1 March 2013 for Peru and 1 August 2013 for Colombia.

(3) Article 329 of the Trade Agreement lays down the provisions whereby other Member Countries of the Andean Community can become Parties to the Trade Agreement.

(4) On 17 July 2014, the Union and Ecuador concluded their negotiations on the Protocol to take account of the Accession of Ecuador to the Trade Agreement.

(5) The text of the Protocol was approved by the Trade Committee of the Trade Agreement at its meeting of 8 February 2016, as required by Article 329(4) thereof.

(6) In accordance with Council Decision No [..] of [..], the Protocol of Accession was signed on [..] subject to its conclusion at a later date. The Protocol of Accession has been provisionally applied since […], pending its entry into force.

(7) The Protocol should be approved.