Negotiations of the Association Agreement between the EU and Andorra were completed on 12 December 2023. The English version has been published on the European Commission’s website and is awaiting a binding referendum scheduled for early 2025.
The Association Agreement with the EU will entail the application of the principles of free movement of goods, persons, services and capital, as part of the internal market of the European Union. An equivalent framework will be available with the EU that will provide new opportunities for businesses and citizens in the form of growth and diversification of the Andorran
economy.
As a strategic sector and pillar of Andorra’s economy, Andorran Banking has reviewed the resources and knowledge of the sector and made them available to the Andorran government, in order to achieve balanced and realistic conditions of market access that enable a strong, solvent and competitive national banking sector.