Eu Egypt Association Agreement.pdf
In November 2010, the EU and Egypt signed a protocol establishing a dispute settlement mechanism applicable to the trade parts of the Association Agreement. Egypt has not yet ratified the protocol. The European Neighbourhood Policy provides political and financial support to Egypt. In 2004, Egypt signed the Agadir Agreement with Jordan, Morocco and Tunisia. This agreement removes all trade tariffs between them and harmonizes their rules on product standards and customs. In 2014, the EU commissioned a Sustainability Impact Assessment (SIA) for a possible DCFTA with Egypt. It would go beyond the Association Agreement and cover trade in services, government procurement, competition, intellectual property rights and investment protection. The pan-Euro-Mediterranean system of cumulation of origin brings together the EU, Egypt and other Mediterranean countries to support integration in order to establish a common system of rules of origin. Euromed is an initiative of the European Neighbourhood Policy in which the EU offers a privileged relationship to its neighbours based on a commitment to common values (including democracy and human rights, the rule of law, good governance, market economy principles and sustainable development). In June 2013, the EU and Egypt started discussions on how to deepen their trade and investment relations through a Deep and Comprehensive Free Trade Agreement (CFTA). Another agreement on agricultural products, processed agricultural products and fishery products entered into force on 1 June 2010.