The Association Agreement between the European Union and Central America: a potential to be exploited

The case of the Association Agreement (AA) signed in 2013 between the European Union (EU) and Central America is very relevant within the framework of EU-Latin America relations. It is the first bi-regional agreement and builds on the precedents of the San José Process in the framework of the Esquipulas Agreements, a success story of the EU’s positive impact on international relations. This document analyses the development of the trade pillar and the difficulties in developing the political dialogue and cooperation pillars, which are pending ratification.