The report also shows that the EU-Canada Agreement (CETA) in 2019, in its second year of entry into force, covers developments in 2017 and shows that trade continues to increase under existing EU trade agreements. For example, exports to South Korea increased by more than 12% last year, exports to Colombia by more than 10% and EU exports to Canada by 7% in the nine months following the entry into force of the EU-Canada agreement. EU agricultural and food producers are among the main beneficiaries of the tariffs, with a sharp increase in exports over the past year, particularly to Ecuador (up 34%), Chile (up 29%), Serbia (up 23%), Turkey and Costa Rica (14% each). Negotiated agreements, meetings, fact sheets, circular reports Currently, the EU has the largest trade network in the world, with 45 applied trade agreements affecting 77 partner countries. The fourth annual report, which covers the period from 1 January to 31 December 2019, includes 36 major EU preferential trade agreements which were concluded in 2019 for a substantial period with 65 different partners. Backgrounder, full reports, impact assessments, export his dealings Last year, EU trade agreements opened up the Mexican market to European health products, while opening up Chilean and Peruvian markets to some EU agri-food exports and paving the way for EU public procurement in Georgia, Moldova and Ukraine. The fourth EU Implementation Report (other languages), published in November 2020 and preceded by the preface by DG Commerce Director-General Sabine Weyand (other languages), provides an overview of the results achieved in 2019 and the remarkable work for the EU`s 36 main preferential trade agreements. The accompanying staff working document provides detailed information in accordance with the trade agreement and trading partners. The European Parliament and representatives of the Member States, as well as other EU institutions and stakeholders, will now discuss the report with the Commission. European Commission Trade Commissioner Cecilia Malmstrom said: “Over the years, the EU has invested heavily in developing the world`s largest network of trade agreements.
The most recent facts and figures show us that this approach is coming true. These agreements help boost the European economy by facilitating activities around the world while supporting jobs in their home countries. Our growing list of strategic agreements opens doors and gives European companies a competitive advantage in key markets. It also helps to promote respect for human and workers` rights as well as environmental standards. We must continue to focus on follow-up to ensure that existing rules are followed and that businesses can make the most of these operations. “At a time when the European economy is in crisis, international trade is more important than ever. Our trade agreements allow EU businesses to grow outside the single market. Tariff reductions are boosting trade and we see that this is reflected in the growth of our trade with Canada and Japan,” said Valdis Dombrovskis, Executive Vice-President and Trade Commissioner. “We are taking many steps to ensure that all large and small businesses in the EU can actually use our trade agreements. That`s why we`ve just launched a new “Access2Markets” website to help them do so. We also encourage international standards such as workers` rights and the environment in our trade agreements. Despite these positive developments, further progress could be made if EU companies fully exploited the opportunities offered by the existing agreements.