03 Dec

The environmental effects for countries exporting agricultural products from wetlands or other environmental regions, for example Brazil, have been increasingly documented by environmental groups that oppose EU trade agreements. [138] In addition, other industries with significant environmental impacts, such as mining, are developing in areas with low regulatory burdens, such as South America and Asia. Inter-professional organisations have argued that increasing economic performance in these sectors will only strengthen standards in participating countries and that EU trade agreements should go hand in hand with efforts to harmonize environmental legislation. [139] UNCTAD`s work programme on International Investment Agreements (IAA) actively supports policy makers, government officials and other IIA actors in the IIA reform to make them more conducive to sustainable development and inclusive growth. International investment rules are established at bilateral, regional, inter-regional and multilateral levels. It requires policy makers, negotiators, civil society and other stakeholders to be well informed about foreign direct investment, international investment agreements (AI) and their effects on sustainable development. Key objectives of UNCTAD`s IIA work programme – Reform of the International Investment Agreements (IIA) regime to improve the dimension of sustainable development; A comprehensive analysis of key issues arising from the complexity of the international investment regime; Development of a wide range of instruments to support the development of a more balanced international investment policy. Georgia has already ratified the agreement, but the ratification process is currently ongoing in EU Member States. The EU Association Agreements must be ratified by all 28 EU member states before the agreement can be fully implemented. Trade agreements between the EU and other countries or free trade zones have different implications for national economies. The agricultural industry is most affected when regional farms face competition from large producers who have access to markets in the event of lower tariffs. In major agreements such as the AA with Mercosur, European countries are significantly opposed to cheaper imports of meat and other products. [136] However, for the automotive and export manufacturing industries, which generally include larger global groups, significant increases in volume are evident for more industrialized members of trade.

[137] In early 2016, Chilean delegations met with high-level representatives of the European Union and the European Free Trade Association to continue the modernization of Chile`s trade agreements with the two blocs. In recent history, these agreements have been signed within the framework of two EU policies: the Stabilisation and Association Process (SAp) and the European Neighbourhood Policy (ENP). As part of the sixth Council of the Association Agreement between Chile and the European Union, held in April 2015, Chile and the European Union discussed options to modernise their current association agreement. A European Union Association Agreement (A.A.) is a treaty between the European Union (EU), its member states and a non-EU country, which establishes a framework for cooperation between them. Among the areas that often fall under these agreements is the development of political, commercial, social, cultural and security relations. The legal basis for the conclusion of association agreements is provided by Article 217 of the Treaty ON THE EUROPEAN Union (Article 310 and 238 TEC). 7. In many cases, the Association Agreement replaces a cooperation agreement and thus strengthens relations between partners.