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The free trade agreements between the european union and latin america. the peruvian and mexican case

Publication Name: 
Challenges of the Knowledge Society.
Volume, number, page: 
5:1, pp.817-827
Year of Publication: 
2015
Author(s): 
LUNA BARRIOS Antonio Manrique de
Organization Name: 
Nicolae Titulescu University
Publisher: 
Nicolae Titulescu University Publishing House
City: 
Bucharest
Country of Publication: 
Romania
Full Date: 
2015
ISBN or ISSN: 
2068-7796
Considered Countries: 
Mexico
Peru
Category: 
Academic articles
Theme: 
BIREGIONAL RELATIONS UE - LAC
Agreements
Association Agreeements
Government
Business
Keyword(s): 
Economic Agreements
European Union
Latin America
Free Trade Agreements
Investments
Andean Community
ALBA
ACN
Andean Community of Nations
GATT
NAFTA
FTA
Free Trade
International economic agreements
Abstract: 
The European Union has signed a number of free trade agreements with different countries in Latin America because it is aware of the great importance that this region has gained as a destination for its exports and investments. Furthermore, the European Union wishes to reaffirm its ties with countries in the region because it hopes to consolidate its political and economic position as an international player with its presence in those markets.
In this paper we will discuss the free trade agreements that the EU has signed with Mexico and later with Peru, because they are two examples where Latin American countries have achieved significant economic growth and where the trade has generated significant benefits. Additionally they are two major trading partners of the European Union and they have allowed the EU to continue to expand its zone of influence in Latin America.