Describes bilateral and multilateral trade agreements that this country is party to, including with the United States. Includes websites and other resources where U.S. companies can get more information on how to take advantage of these agreements. Last Published: 6/21/2019
Spain has been a member of the EU since 1986. The EU has free trade agreements with other economic associations (e.g., the European Free Trade Association or EFTA) and countries, providing a higher level of mutual market access.
As a result of the U.S.-EU Trade Agreement Negotiations, announced in a joint statement in Washington in July 2018, an Executive Working Group was established to seek to reduce transatlantic barriers to trade, including the elimination of non-auto industrial tariffs and non-tariff barriers. As a result of these negotiations, for example, the LNG Forum was organized by both governments and hosted by the EU in early May 2019, http://europa.eu/rapid/press-release_IP-18-4920_en.htm , with plans for another major forum in July 2020.
More info on this agreement is available in: https://ustr.gov/countries-regions/europe-middle-east/europe/european-union/us-eu-trade-agreement-negotiations
For a list of trade agreements with the EU and its member states, as well as concise explanations, please see the EU 2019 Country Commercial Guide.