Since 2013, the European Union (EU) has a Trade Agreement with Colombia and Peru in place, which Ecuador joined in 2017. This evaluation, requested by the European Commission, was undertaken over the period April 2020 to January 2022 and analyses the economic, social and environmental, and human rights (including labour rights) effects which the Agreement has had since its application in the various Parties. In terms of evaluation criteria, it reviews the effectiveness, impact, efficiency, coherence and relevance of the Agreement and its implementation. It also comprises a number of case studies to illustrate or add detail to broader findings.
The evaluation concludes that overall the Agreement has had a positive impact on all the Parties, although the magnitude of the impact is limited. Implementation has generally been efficient and effective with room for improvement in some areas, including the implementation of the trade and sustainable development provisions, more efforts to facilitate trade in services, investment and e-commerce/digital trade; enhancements in these areas could also ensure continued relevance and coherence of the Agreement with the global changes and EU policy developments that have taken place since the negotiation of the Agreement.
Download the final evaluation report (main part).
Further information, the Spanish version and additional reports produced by the evaluation are available from the evaluation website.