On the proposal for a Council decision on the conclusion, on behalf of the European Union, of the Agreement establishing an association between the European Union and the Principality of Andorra and the Republic of San Marino respectively
A-10-2026-0003
Committee on Foreign Affairs · Rapporteur: Željana Zovko
- Voted on · Adopted 552–24–75 · See the decision →
- Full procedure 2024/0101R
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Parliament's resolution on the proposal for a Council decision concluding the Association Agreement between the EU and Andorra and San Marino welcomes the agreement as a comprehensive step to strengthen political and economic ties.¶¶ It insists the agreement remain EU-only for swift ratification, supports access to the internal market under conditions, and calls for monitoring, enforcement, and cooperation in various policy areas.¶¶¶
Committee position. The Committee on Foreign Affairs proposes that Parliament adopt a resolution welcoming the Association Agreement and setting out conditions and recommendations for its implementation.¶¶
Key points
- Welcomes the Association Agreement as an important step in strengthening the partnership, incorporating and replacing the current customs unions.¶
- Insists the agreement be preserved as an EU-only agreement to allow swift entry into force.¶
- Calls on the Commission to monitor implementation of the acquis and establish a monitoring mechanism to prevent distortions of competition.¶
- Welcomes access to the internal market for goods, services, persons, and capital, with adaptations for free movement of persons.¶¶
- Notes that access to financial services market is progressive over up to 15 years, conditional on compliance with EU acquis, including anti-money laundering.¶¶
- Calls for close monitoring of anti-money laundering and evaluation before the end of the 15-year period.¶
- Stresses the need for strong oversight of financial activities and implementation of good governance in tax matters.¶¶
- Takes note of transitional periods in telecommunications, transport, and energy, calling for ongoing monitoring.¶
- Calls for administrative and technical assistance to Andorra and San Marino for alignment with EU acquis.¶
- Welcomes cooperation in areas like research, environment, education, and health, and encourages cross-border cooperation and access to Interreg funds.¶¶
- Welcomes the establishment of a Parliamentary Association Committee and calls for strengthening parliamentary cooperation.¶¶
- Calls for involvement of economic and social partners and for transparent information to citizens.¶¶
Who is affected
- Andorra and San Marino: gain access to the EU internal market and cooperation, with obligations to align with EU rules.¶¶
- EU businesses, investors, and citizens: benefit from new opportunities and equal competition conditions.
- European Supervisory Authorities: play a role in auditing and monitoring financial services access.¶¶
- Monaco: remains welcome to join the Association Agreement in the future.¶
Figures and deadlines
- 15 years: maximum period for staggered access to the internal market for financial services.¶