Central America–European Union Association Agreement
The Central America–European Union Association Agreement is a free trade agreement between the European Union (EU) and the Central American Common Market. The agreement was signed on 29 June 2012 in Tegucigalpa. The association agreement had to be formally ratified by the European Union and all of its member states (except Croatia), as well as Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama and was provisionally applied from 1 August 2013. Upon entry into force on 1 May 2024, it creates a free trade area between the EU and Central America.