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Association Agreement Egypt

The agreement covers trade in industrial products, including fish and other seafood, and processed agricultural products. In addition, some EFTA states and Egypt have bilateral agreements on basic agricultural products, which are part of the free trade area`s creation instruments. In 2004, Egypt signed the Agadir Agreement with Jordan, Morocco and Tunisia. This agreement removes all tariffs between them and harmonizes their rules on product standards and customs regulations. The EU and Egypt meet regularly to discuss issues and best practices in implementing the agreement. Committees meet regularly. Egypt is a signatory to several multilateral trade agreements: a joint committee, made up of representatives of EFTA states and Egypt, oversees and manages the implementation of the agreement (Articles 37 and 38). Parties may hold consultations and, in the absence of agreement, apply interim measures (Articles 39 and 40). It describes the bilateral and multilateral trade agreements to which that country belongs, including with the United States. In addition, Egypt has signed several bilateral agreements with Arab countries: Jordan (December 1999), Lebanon (March 1999), Libya (January 1991), Morocco (April 1999), Syria (December 1991) and Tunisia (March 1999). In addition, Egypt and China entered into a trade agreement in 1995. Egypt has also signed an economic treaty with Russia.

In June 2001, Egypt signed an Association Agreement with the European Union (EU), which came into force on 1 June 2004. The agreement provided for immediate duty-free access of Egyptian products to EU markets, while duty-free access for EU products was phased in over a 12-year period. In 2010, Egypt and the EU concluded an agricultural annex to their free trade agreement and liberalized trade in more than 90% of agricultural goods. Trade in processed agricultural products is a protocol to the main agreement (Article 4, point b), and Protocol A). In addition, trade in agricultural commodities is covered by three bilateral agreements negotiated separately between Iceland (the agricultural agreement between Iceland and Egypt), Norway (an agricultural agreement between Norway and Egypt) and Switzerland/Liechtenstein (an agricultural agreement between Switzerland and Egypt), on the one hand, and Egypt on the other. These agreements, which are part of the instruments for creating the free trade area (Article 4, point d), provide for tariff concessions. An agreement between the European Economic Community and Egypt was signed in January 1977 under the aegis of the Comprehensive Mediterranean Policy (BMP) launched in 1972. [2] The framework of the 1995 Euro-Mediterranean Partnership paved the way for modest progress in EU-Egypt relations[3], resulting in a new association agreement signed on 25 June 2001 as part of the Barcelona Process and entered into force in June 2004.

[4] An EU-Egypt action plan also came into force in 2007. [3] In November 2010, the EU and Egypt signed a protocol establishing a dispute settlement mechanism for the trade parties of the Association Agreement. Egypt has not yet ratified the protocol. Another agreement on agricultural products, processed agricultural products and fisheries products came into force on 1 June 2010. The system was originally based on a network of free trade agreements with individual protocols of origin. The original protocols are replaced by a reference to the Regional Agreement on Preferential Rules of Origin (EMP), established in 2011, which aims to create a more homogeneous framework for original protocols.

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