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Free trade agreements of the European Union
Overview of free trade agreements in the European Union
Overview of free trade agreements in the European Union
]] The European Union has concluded free trade agreements (FTAs). The European Union negotiates free trade deals on behalf of all of its member states, as the member states have granted the EU an "exclusive competence" to conclude trade agreements. Even so, member states' governments control every step of the process (via the Council of the European Union, whose members are national ministers from each national government):
- Before negotiations start, member states' governments (via the Council of Ministers) approve the negotiating mandate;
- During negotiations, member states' governments are regularly briefed on the progress of negotiations and can update the negotiations mandate or suspend negotiations;
- Upon conclusion of negotiations, member states' governments decide whether the agreement should be signed;
- After approval from the European Parliament and (in case the agreement covers areas other than trade such as investment protection) upon ratification in each member state parliament, member states' governments decide whether the agreement should be concluded and enter into effect. The list below only includes countries that have an FTA with the European Union according to the WTO.
Free trade agreements in force
| State | No of jurisdictions represented | Signed | Provisional | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| application | In force since | Notes | Relations | |||||||||||
| Albania | 1 | 2006 | 2006 | 2009 | SAA | Negotiating for EU accession | ||||||||
| Algeria | 1 | 2002 | 2005 | Euro-mediterranean AA | ||||||||||
| **Andean Community** | ||||||||||||||
| Colombia | ||||||||||||||
| Ecuador | ||||||||||||||
| Peru | 3 | 2012 | 2013, 2017 | 2024 | url=http://ec.europa.eu/trade/policy/countries-and-regions/regions/andean-community/ | title= EU Trade Policy with the Andean Community}} | ||||||||
| Andorra | 1 | 1990 | 1991 | Customs union | Andorra–EU relations | |||||||||
| Bosnia and Herzegovina | 1 | 2008 | 2008 | 2015 | SAA | Candidate for EU accession | ||||||||
| **Central America** | ||||||||||||||
| Costa Rica | ||||||||||||||
| Guatemala | ||||||||||||||
| Honduras | ||||||||||||||
| Nicaragua | ||||||||||||||
| Panama | ||||||||||||||
| El Salvador | 6 | 2012 | 2013 | 2024 | AA | Central America–European Union Association Agreement | ||||||||
| Chile | 1 | 2002, 2023 | 2003, 2024 | 2005 2025 | AA, Interim & Updated EU-Chile AA | |||||||||
| Egypt | 1 | 2001 | 2004 | Euro-mediterranean AA | ||||||||||
| Faroe Islands | 1 | 1996 | 1997 | Autonomous entity of Denmark | Faroe Islands-EU relations | |||||||||
| Georgia | 1 | 2014 | 2014 | 2016 | AA incl DCFTA | Georgia–EU relations and Candidate for EU accession | ||||||||
| Iceland | 1 | 1992 | url=http://www.consilium.europa.eu/en/documents-publications/treaties-agreements/agreement/?id=1992045 | title=Agreement on the European Economic Area | work=Agreements Database, Council of the European Union | access-date=29 October 2015}} | EEA | Iceland–EU relations | ||||||
| Israel | 1 | 1995 | 1996 | 2000 | Euro-Mediterranean AA | Israel–EU relations | ||||||||
| Japan | 1 | 2018 | 2019 | Economic Partnership Agreement | Japan-EU relations | |||||||||
| Jordan | 1 | 1997 | 2002 | Euro-Mediterranean AA | Jordan–EU relations | |||||||||
| Kenya | 1 | 2023 | date=2025-07-13 | title=EU Trade agreements | url=https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/negotiations-and-agreements_en | access-date=2025-07-19 | website=policy.trade.ec.europa.eu | language=en}} | Economic Partnership Agreement | |||||
| Lebanon | 1 | 2002 | 2006 | Euro-Mediterranean AA | Lebanon–EU relations | |||||||||
| Liechtenstein | 1 | 1992 | 1995 | EEA | Liechtenstein–EU relations | |||||||||
| Mexico | 1 | 1997 | 2000 | FTA | Mexico–EU relations | |||||||||
| Moldova | 1 | 2014 | 2014 | 2016 | Moldova–European Union Association Agreement incl European Union–Moldova Deep and Comprehensive Free Trade Area | Moldova–EU relations and Negotiating for EU accession | ||||||||
| Montenegro | 1 | 2007 | 2008 | 2010 | SAA | Negotiating for EU accession | ||||||||
| Morocco | 1 | 1996 | 2000 | Euro-Mediterranean AA | Morocco–EU relations | |||||||||
| New Zealand | 1 | 2023 | 2024 | FTA | New Zealand–EU relations | |||||||||
| North Macedonia | 1 | 2001 | 2001 | 2004 | SAA | Negotiating for EU accession | ||||||||
| Norway | 1 | 1992 | 1994 | EEA | Norway–EU relations | |||||||||
| EU's Overseas Countries and Territories | 13 | 2001 | 2001 | Association of the OCTs with the EU | ||||||||||
| Palestinian Authority | 1 | 1997 | 1997 | Euro-Mediterranean AA | Palestine–EU relations | |||||||||
| San Marino | 1 | 1991 | 1992 | 2002 | Customs union | San Marino–EU relations | ||||||||
| Serbia | 1 | 2008 | 2010 | 2013 | SAA | Negotiating for EU accession | ||||||||
| Singapore | 1 | url=https://www.channelnewsasia.com/news/business/singapore-eu-ink-landmark-free-trade-agreement-10846210 | title=Singapore, EU ink landmark free trade agreement | website=www.channelnewsasia.com | language=en | access-date=2018-12-21 | quote=[...] the EU-Singapore Free Trade Agreement (EUSFTA) was signed by Prime Minister Lee Hsien Loong with European Commission president Jean-Claude Juncker, European Council president Donald Tusk and Austrian Chancellor Sebastian Kurz. [...] The leaders also witnessed the signing of the EU-Singapore Investment Protection Agreement (EUSIPA) – a pact that will replace 12 existing bilateral investment treaties between Singapore and EU member states to offer better investment protection – and the EU-Singapore Partnership and Cooperation Agreement (ESPCA). | archive-date=31 August 2019 | archive-url=https://web.archive.org/web/20190831061051/https://www.channelnewsasia.com/news/business/singapore-eu-ink-landmark-free-trade-agreement-10846210 | url-status=dead}} | 2019 | FTA | ||
| South Africa | 1 | 1999 | 2000 | 2004 | ATDC | South Africa–EU relations | ||||||||
| South Korea | 1 | 2010 | 2011 | 2015 | FTA | South Korea–EU relations | ||||||||
| Switzerland | 1 | 1972 | 1973 | Trade agreement | Switzerland–EU relations | |||||||||
| Syria | 1 | 1977 | 1977 | Cooperation agreement (partially suspended in 2011) | Syria–EU relations | |||||||||
| Tunisia | 1 | 1995 | 1998 | Euro-Mediterranean AA | ||||||||||
| Turkey | 1 | 1995 | 1995 | Customs union | Turkey–EU relations | |||||||||
| Ukraine | 1 | 2014 | 2016 | 2017 | Ukraine–European Union Association Agreement incl DCFTA | Ukraine–EU relations and Negotiating for EU accession | ||||||||
| United Kingdom | 1 | 2020 | date=29 December 2020 | url=https://www.consilium.europa.eu/en/press/press-releases/2020/12/29/eu-uk-trade-and-cooperation-agreement-council-adopts-decision-on-the-signing/ | work=Consilium | title=EU-UK Trade and Cooperation Agreement: Council adopts decision on the signing}} | 2021 | Trade and Cooperation Agreement | United Kingdom–EU relations | |||||
| Vietnam | 1 | 2019 | 2020 | EVFTA | Vietnam–EU relations |
Free trade agreements provisionally applied
| State | Signed | Provisional | ||||||
|---|---|---|---|---|---|---|---|---|
| Application | Ratification | Notes | Relations | |||||
| Cameroon | 2009 | 2014 | Interim agreement with a view to an EPA | |||||
| Canada | 2016 | 2017 | Comprehensive Economic and Trade Agreement | |||||
| **CARIFORUM States** | ||||||||
| Antigua and Barbuda | ||||||||
| Bahamas | ||||||||
| Barbados | ||||||||
| Belize | ||||||||
| Dominica | ||||||||
| Dominican Republic | ||||||||
| Grenada | ||||||||
| Guyana | ||||||||
| Haiti | ||||||||
| Jamaica | ||||||||
| Saint Kitts and Nevis | ||||||||
| Saint Lucia | ||||||||
| Saint Vincent and the Grenadines | ||||||||
| Suriname | ||||||||
| Trinidad and Tobago | 2008 | 2008 | EPA - Croatia acceded to the agreement on 28 November 2017 | |||||
| Côte d'Ivoire | 2009 | 2016 | Stepping Stone EPA | |||||
| **Eastern and Southern Africa States** | ||||||||
| Comoros | ||||||||
| Madagascar | ||||||||
| Mauritius | ||||||||
| Seychelles | ||||||||
| Zimbabwe | 2009 | 2012, 2019 | Interim Agreement for establishing a framework for an EPA | |||||
| Ghana | 2016 | url=http://www.consilium.europa.eu/en/documents-publications/treaties-agreements/agreement/?id=2008064&DocLanguage=en | title=Agreement details | publisher=Council of the European Union | access-date=26 October 2017}} | Stepping Stone EPA | ||
| **Pacific States** | ||||||||
| Fiji | ||||||||
| Papua New Guinea | ||||||||
| Samoa | ||||||||
| Solomon Islands | 2009 | 2009, 2014, 2018, 2020 | Interim Partnership Agreement | |||||
| **South African Development Community (SADC) members** | ||||||||
| Botswana | ||||||||
| Lesotho | ||||||||
| Mozambique | ||||||||
| Namibia | ||||||||
| South Africa | ||||||||
| Eswatini | 2016 | 2016 | Economic Partnership Agreement |
Negotiated free trade agreements
Ongoing negotiations as of January 2026:
- EU–Mercosur Partnership Agreement
- India–EU Free Trade Agreement
- EU-United Arab Emirates Free Trade Agreement
- EU-Philippines Free Trade Agreement
- EU-Malaysia Free Trade Agreement
- EU-Thailand Free Trade Agreement
Competence
The European Court of Justice has held that investor-state arbitration provisions (including a dedicated tribunal planned by some free trade agreements) falls under competency shared between European Union and its member states and that for this reason, the ratification of such mixed agreements should be approved by the EU as well as by each of the union's member states. This court decision has resulted in a new architecture of external trade negotiations which will have two components:
- a free trade agreement - related exclusively to trade matters - which can be adopted at the EU level;
- an investment agreement - containing investment, arbitration and other non-trade provisions - which needs to be ratified by the member states as well.
Impact to consumers
One study found that the trade agreements that the EU implemented over the period 1993-2013 have, on average, increased the quality of imported goods by 7% and therefore "lowered quality-adjusted prices by close to 7%," without having much of an impact on the non-adjusted price.
Notes
References
References
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