Negotiations for a free trade agreement between the EFTA-states and Colombia were launched in June 2007. On 13th June 2008 they were concluded and the texts of the agreement were initialled. The competent ministers signed the agreement on 25th November 2008; it entered into force on 1 July 2011.
The Services Chapter, whose specific commitments follow an approach based on a schedule of specific commitments, consists of annexes on the Recognition of Qualifications, the Movement of Natural Persons, Payments and Movement of Capitals, Financial and Telecommunications Services. This chapter does not contain obligations on standstill and ratchet.
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Last modification 20.12.2016