Trade Agreement Eu Egypt

October 12th, 2021 11:43 am

Trade in processed agricultural products is included in a Protocol to the Main Agreement (Article 4(b) and Protocol A). In addition, trade in agricultural commodities is covered by three bilateral agreements negotiated separately between Iceland (Agricultural Agreement between Iceland and Egypt), Norway (Agricultural Agreement between Norway and Egypt) and Switzerland/Liechtenstein (Agricultural Agreement between Switzerland and Egypt), of the one part, and Egypt, of the other part. These agreements, which are part of the instruments for the creation of the free trade area (Article 4(d)), provide for tariff concessions. The Parties shall endeavour to progressively liberalize and open their markets to each other`s trade in services, in accordance with the provisions of the General Agreement on Trade in Services (GATS) (Articles 26 and 27). Another agreement on agricultural products, processed agricultural products and fishery products entered into force on 1 June 2010. Agreements between economic operators of the Parties and abuse of a dominant position by economic operators of the Contracting Parties are incompatible with the Agreement where they affect trade between the EFTA States and Egypt (Article 31). 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. The main objective of the Agreement (Objectives, Article 1) is to liberalise trade in goods in accordance with Article XXIV of the GATT in 1994. By January 1, 2020, tariffs on almost all industrial products will be eliminated.

The EU and Egypt meet regularly to discuss issues and best practices in the implementation of the agreement. The committees meet regularly. It would go beyond the Association Agreement and cover trade in services, government procurement, competition, intellectual property rights and investment protection. Egypt is a signatory to several multilateral trade agreements: provisions on the protection of intellectual property rights (Article 23 and Annex V) include, inter alia, patents, trademarks, copyrights and geographical indications. . . .

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