Colombia and the European Union have officially sealed the deal for the trade agreement
In the framework of the 6th Summit of Latin America, the Caribbean and the European Union, the successful culmination of negotiations for the trade agreement between the EU, Colombia and Peru was made official with the presentation of the final text. The text will be translated into all 21 official languages of the EU, whose versions will be equally authentic within approximately three months.
Once these steps have been taken, the agreement will be signed. After that, the treaty will be submitted in Colombia for approval by Congress and review by the Constitutional Court. In the case of the EU, it has to be approved by the European Parliament in addition to the respective internal approval by member States, in case the European Commission and the Council of the European Union determine that it is a mixed agreement because it includes member State competition issues.
