While NAFTA focuses mainly on mobility of capital in the region, albeit while
restricting worker mobility and granting limited temporary mobility of labor, the EU,
being a flagship example of economic union, on the other hand, guarantees total labor
mobility among its 27 EU member countries, of course, with a provision that newest
members must wait ten years. It has brought Mode 4 within the scope of the EU RTAs,
and includes all four traditional categories in RTAs, such as traders and investors, BVs,
ICTs, and IPs. The European Community (EC) has, however, negotiated relatively few
RTAs with developing countries that cover services, but it has signed several
association agreements with Mediterranean countries, with Chile and Mexico and, an
economic partnership agreement (EPA) with the countries of the Caribbean Community
(CARICOM) and the Dominican Republic (the CARIFORUM grouping).
While NAFTA focuses mainly on mobility of capital in the region, albeit whilerestricting worker mobility and granting limited temporary mobility of labor, the EU,being a flagship example of economic union, on the other hand, guarantees total labormobility among its 27 EU member countries, of course, with a provision that newestmembers must wait ten years. It has brought Mode 4 within the scope of the EU RTAs,and includes all four traditional categories in RTAs, such as traders and investors, BVs,ICTs, and IPs. The European Community (EC) has, however, negotiated relatively fewRTAs with developing countries that cover services, but it has signed severalassociation agreements with Mediterranean countries, with Chile and Mexico and, aneconomic partnership agreement (EPA) with the countries of the Caribbean Community(CARICOM) and the Dominican Republic (the CARIFORUM grouping).
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