At the same time, Deputy Minister of Foreign Trade Humberto Jiménez made a presentation to businessmen at the Quito Chamber of Commerce to explain procedures for eliminating tariffs on export products. On 11 November 2016, the EU, its member states, Ecuador, Colombia and Peru signed Ecuador`s accession protocol to the EU free trade agreement with Colombia and Peru. This signature was made following the Council`s decision to sign this protocol and apply it on an interim basis. The European Union and the Andean Community (Comunidad Andina de Naciones or CAN) have been working towards a bilateral trade and investment pact since 1993, when they first signed a framework cooperation agreement. In 2003, they signed a joint commitment in Rome to formally conclude an association agreement, “including a free trade agreement.” This was confirmed at the highest political level in Guadalajara in 2004. In May 2006, both sides agreed to begin the negotiation process as soon as possible. The Andean Community is made up of Bolivia, Colombia, Ecuador and Peru. (Venezuela withdrew in 2006. In May 2002, a new agreement on political dialogue and cooperation between the European Union (EU) and the Andean Community was launched at the EU-LAC summit in Madrid. This agreement, signed in Rome in December 2003, will replace, after its ratification, the 1996 Rome Declaration and the 1993 Framework Cooperation Agreement. At the 2005 EU Ministerial Meeting, EU Andean Community Ministers announced that the 2003 agreement had been signed by the Foreign Affairs Council of the Andean Community on 11 July 2004 by Decision 595 of the Andean Community. At the EU-Andean High-Level Meeting in July 2006, both sides agreed that the Agreement on Political Dialogue and Cooperation should be ratified quickly and that a future Association Agreement with political, cooperation and trade pillars should be comprehensive. The European Union and Ecuador reached an agreement today (17 July) on the liberalisation of their trade in goods and services, the European Commission said.