Proper identification of collocations (and more generally of multiword expressions (MWEs), is an important qualitative step for several NLP applications and particularly so for translation. Since many MWEs cannot be translated literally, failure to identify them yields at best inaccurate translation. This paper is mostly be concerned with collocations. We will show how they differ from other types of MWEs and how they can be successfully parsed and translated by means of a grammar-based parser and translator.