WWW.ABSTRACT.XLIBX.INFO
FREE ELECTRONIC LIBRARY - Abstract, dissertation, book
 
<< HOME
CONTACTS



Pages:   || 2 | 3 |

«BETWEEN THE ARAB REPUBLIC OF EGYPT AND THE EFTA STATES PREAMBLE The Arab Republic of Egypt (hereinafter referred to as Egypt), on the one part, and ...»

-- [ Page 1 ] --

FREE TRADE AGREEMENT

BETWEEN

THE ARAB REPUBLIC OF EGYPT

AND

THE EFTA STATES

PREAMBLE

The Arab Republic of Egypt (hereinafter referred to as Egypt), on the one part, and the

Republic of Iceland, the Principality of Liechtenstein, the Kingdom of Norway, the Swiss Confederation (hereinafter referred to collectively as the EFTA States), on the

other part, hereinafter referred to as "the Parties":

CONSIDERING the importance of the links existing between Egypt and the EFTA States, in particular the Declaration on Co-operation signed in Zermatt in December 1995, and recognizing the common wish to strengthen these links, thus establishing close and lasting relations, RECALLING the membership of Egypt and the EFTA States in the World Trade Organization (hereinafter referred to as “the WTO”) and their commitment to comply with the rights and obligations arising from the Marrakech Agreement establishing the WTO, including the principles of most-favoured-nation and of national treatment, RECALLING their intention to participate actively in the process of economic integration in the Euro-Mediterranean region, and expressing their preparedness to cooperate in seeking ways and means to strengthen this process, REAFFIRMING their commitment to the principles and objectives set out in the United Nations Charter and the Universal Declaration of Human Rights, DESIRING to create favourable conditions for the development and diversification of trade between them and for the promotion of commercial and economic co-operation in areas of common interest on the basis of equality, mutual benefit, non-discrimination and international law, RESOLVED to contribute to the strengthening of the multilateral trading system and to develop their relations towards free trade in compliance with the WTO rules, CONSIDERING that no provision of this Agreement may be interpreted as exempting the Parties from their obligations under other international agreements, especially the WTO, DESIRING to create new employment opportunities while promoting sustainable development, DECLARING their readiness to examine the possibility of developing and deepening their economic relations in order to extend them to fields not covered by this Agreement, CONVINCED that this Agreement provides an appropriate framework for exchange of information and views on economic developments and trade, III CONVINCED that this Agreement will create conditions encouraging economic, trade and investment relations between them, HAVE DECIDED, in pursuit of the above, to conclude the following Free Trade

Agreement (hereinafter referred to as "this Agreement"):

IV

CHAPTER I GENERAL PROVISIONS

ARTICLE 1

–  –  –

1. Egypt and the EFTA States shall establish a free trade area in accordance with the provisions of this Agreement with a view to spurring prosperity and economic development in their territories.

2. The objectives of this Agreement, which is based on trade relations between

market economies, are:

–  –  –

(d) to support the harmonious development of economic relations between the Parties through technical and financial assistance.

–  –  –

This Chapter shall apply to the following products originating in Egypt or an

EFTA State:

(a) all products falling within Chapters 25 to 97 of the Harmonized Commodity Description and Coding System (hereinafter referred to as "HS"), with the exception of the products listed in Annex I;

(b) processed agricultural products specified in Protocol A, with due regard to the arrangements provided for in that Protocol;

(c) fish and other marine products as provided for in Annex II; and

–  –  –

1. No new customs duties on imports or charges having equivalent effect shall be introduced in trade between Egypt and the EFTA States as of the entry into force of this Agreement.

2. Egypt shall gradually eliminate its customs duties on imports and any charges having equivalent effect on products originating in an EFTA State in accordance with Annex IV.

3. The EFTA States shall abolish on the date of entry into force of this Agreement all customs duties on imports and any charges having equivalent effect on products originating in Egypt.

–  –  –

1. The applicable rates for imports between the Parties, to which the successive reductions set out in this Agreement are to be applied, shall be the WTO bound rate or the applied rate enforced as of the entry into force of this Agreement if it is lower. If, after the entry into force of this Agreement, a tariff reduction is applied on an erga omnes basis, the reduced rate shall apply.

2. The Parties shall communicate to each other their respective rates applied on the date of the entry into force of this Agreement.

–  –  –

Quantitative restrictions on imports and measures having equivalent effect





1. Quantitative restrictions on imports and any other measures having equivalent effect in trade between Egypt and the EFTA States shall be abolished from the entry into force of this Agreement.

2. No new quantitative restriction on imports or any other measures having equivalent effect shall be introduced in trade between Egypt and the EFTA States.

–  –  –

Egypt and the EFTA States shall neither apply customs duties or charges having equivalent effect, nor quantitative restrictions or measures having equivalent effect to exports between themselves.

–  –  –

1. The Parties shall refrain from any measure or practice of an internal fiscal nature establishing, whether directly or indirectly, discrimination between the products of a Party and like products originating in the territory of another Party.

–  –  –

1. Payments relating to trade between Egypt and an EFTA State and the transfer of such payments to the territory of the Party where the creditor resides, shall be free from any restrictions.

2. The Parties shall refrain from any currency exchange or administrative restrictions on the grant, repayment or acceptance of short and medium-term credits covering commercial transactions in which a resident participates.

–  –  –

1. The rights and obligations of the Parties in respect of technical regulations, standards and conformity assessment shall be governed by the WTO Agreement on Technical Barriers to Trade (hereinafter referred to as "the WTO TBT Agreement").

2. The Parties shall strengthen their co-operation in the field of technical regulations, standards and conformity assessment, with a view to increasing the mutual understanding of their respective systems and facilitating access to their respective markets, thereby preparing the ground for possible mutual recognition agreements.

3. Without prejudice to paragraph 1, the Parties agree to hold consultations in the framework of the Joint Committee where Egypt or an EFTA State considers that one or more EFTA States or Egypt respectively have taken measures which are likely to create, or have created, an obstacle to trade, in order to find an appropriate solution in conformity with the WTO TBT Agreement.

–  –  –

1. The Parties shall apply their regulations for sanitary and phytosanitary matters in a non-discriminatory fashion and shall not introduce any new measures that have the effect of unduly obstructing trade.

2. The principles set out in paragraph 1 shall be applied in accordance with the WTO Agreement on the Application of Sanitary and Phytosanitary Measures, which is hereby incorporated into and made part of this Agreement.

–  –  –

The rights and obligations of the Parties in respect of state trading enterprises shall be governed by Article XVII of the GATT 1994 and the Understanding on the Interpretation of Article XVII of the GATT 1994, which are hereby incorporated into and made part of this Agreement.

–  –  –

1. The rights and obligations of the Parties in respect of subsidies and countervailing measures shall be governed by Articles VI and XVI of the GATT 1994, the WTO Agreement on Subsidies and Countervailing Measures and the WTO Agreement on Agriculture.

2. If a Party finds that subsidies are granted which affect trade with another Party, the Party concerned may take appropriate measures in accordance with the above mentioned Agreements and relevant internal legislation and executive regulations.

–  –  –

1. The rights and obligations of the Parties in respect of the application of antidumping measures shall be governed by Article VI of the GATT 1994 and the Agreement on Implementation of Article VI of the GATT 1994.

2. If a Party finds that dumping is taking place in trade with another Party, the Party concerned may take appropriate measures in accordance with the above mentioned Agreements and relevant internal implementation legislation.

–  –  –

1. The provisions of Article XIX of the GATT 1994 and the WTO Agreement on Safeguards shall apply between the Parties.

2. Before applying safeguard measures pursuant to the provisions of Article XIX of the GATT 1994 and the WTO Agreement on Safeguards, the Party intending to apply such measure shall supply the Joint Committee with all relevant information required for a thorough examination of the situation with a view to seeking a solution acceptable to the Parties. In order to find such a solution, the Parties shall immediately hold IX consultations within the Joint Committee. If, as a result of the consultations, the Parties do not reach an agreement within thirty days of the initiation of the consultations on a solution to avoid the safeguard measures, the Party intending to apply safeguard measures may apply the provisions of Article XIX of the GATT 1994 and the WTO Agreement on Safeguards.

3. In the selection of safeguard measures pursuant to this Article, the Parties shall give priority to those that cause least disturbance to the achievement of the objectives of this Agreement.

4. Safeguard measures shall be notified immediately to the Joint Committee and shall be subject to periodic consultations within the Committee, particularly with a view to their abolition as soon as circumstances permit.

–  –  –

1. By way of derogation from the provisions of paragraph 2 of Article 6, Egypt may take exceptional measures of limited duration to increase or re-introduce customs duties.

2. Such measures may only apply to new and infant industries or to sectors undergoing restructuring or experiencing serious difficulties, particularly where those difficulties entail severe social problems.

3. Customs duties on import into Egypt of products originating in an EFTA State that are introduced by such exceptional measures may not exceed 25 per cent ad valorem, and must retain a preferential margin for products originating in the EFTA States. The total value of imports of the products subjected to such measures may not exceed 20 per cent of total imports of industrial products from the EFTA States during the last year for which statistics are available.

4. Such measures shall be applied for no longer than five years, except where a longer duration is authorized by the Joint Committee. They shall cease to apply at the latest on expiry of the maximum transitional period.

5. Such measures may not be introduced for a given product if more than three years have elapsed since the abolition of all duties, quantitative restrictions and charges and measures having equivalent effect for the product concerned.

6. Egypt shall inform the Joint Committee of any exceptional measures it intends to adopt and, at the request of an EFTA State, consultations shall be held on the measures and sectors concerned before they are implemented. When adopting such measures, Egypt shall provide the Joint Committee with a schedule for the abolition of the customs duties introduced or increased pursuant to this Article. Such schedule shall provide for the phasing out of the duties concerned by equal annual instalments, starting no later X than the end of the second year following their introduction. The Joint Committee may decide on a different schedule.

7. By way of derogation from the provisions of paragraph 4, the Joint Committee may exceptionally, in order to take into account the difficulties involved in setting up new industries, endorse the measures already taken by Egypt pursuant to paragraph 1 for a maximum period of four years beyond the twelve years transitional period

–  –  –

1. Where compliance with the provisions of Article10 leads to:

(a) re-export to a third country against which the exporting Party maintains, for the product concerned, quantitative export restrictions, export duties or measures or charges having equivalent effect; or

–  –  –

and where the situations referred to above give rise or are likely to give rise to major difficulties for the exporting Party, that Party may take appropriate measures laid down in paragraph 2.

2. The difficulties arising from the situations referred to in paragraph 1 shall be submitted for examination to the Joint Committee. The Committee may take any decision needed to put an end to the difficulties. If it has not taken such a decision within thirty days of the matter being referred to it, the exporting Party may apply appropriate measures on the exportation of the product concerned. The measures shall be non-discriminatory and be eliminated when conditions no longer justify their maintenance.



Pages:   || 2 | 3 |


Similar works:

«БЕЛОРУССКИЙ BELARUSIAN ГОСУДАРСТВЕННЫЙ STATE УНИВЕРСИТЕТ UNIVERSITY ФИЛОЛОГИЧЕСКИЙ PHILOLOGICAL ФАКУЛЬТЕТ FACULTY КАФЕДРА ЗАРУБЕЖНОЙ FOREIGN LITERATURE ЛИТЕРАТУРЫ DEPARTMENT WOMEN IN LITERATURE: АКТУАЛЬНЫЕ ПРОБЛЕМЫ ИЗУЧЕНИЯ АНГЛОЯЗЫЧНОЙ ЖЕНСКОЙ ЛИТЕРАТУРЫ МЕЖДУНАРОДНЫЙ СБОРНИК НАУЧНЫХ СТАТЕЙ Актуальные...»

«Masterarbeit „Kulturverständnis und Diversität im Geographieunterricht – Eine empirische Studie zur Interkulturellen Sensibilisierung in der Klassenstufe 6“ Name: Johanna Kappenberg Matrikelnummer: 2691780 Studiengang: Master of Education – Lehramt Gymnasium (Geographie und Germanistik) Fachsemesteranzahl: 4. Fachsemester Erstprüferin: Prof. Dr. Christiane Meyer Zweitprüferin: Dr. Isabel Sievers Abgabedatum: 06. August 2013 Inhaltsverzeichnis 1. Einleitung Seite 4 2. Theoretische...»

«Decay Detection in Red Oak Trees Using a Combination of Visual Inspection, Acoustic Testing, and Resistance Microdrilling Xiping Wang and R. Bruce Allison Abstract. Arborists are often challenged to identify internal structural defects hidden from view within tree trunks. This article reports the results of a study using a trunk inspection protocol combining visual observation, single-path stress wave testing, acoustic tomography, and resistance microdrilling to detect internal defects. Two...»

«CompTIA A+ Essentials 220-701 Exam D Exam D QUESTION 1 Which of the following would a technician enable on a router to allow specific devices to connect to the Internet? A. DHCP B. MAC filtering C. DNS D. SSID QUESTION 2 A technician has been taken to a users desk to resolve a problem. The users desk is covered with papers and it is obvious to the technician that these papers are of a confidential nature. Which of the following is the BEST course of action? A. Put the confidential papers in a...»

«Welcome to the Working for Water electronic newsletter. This publication is aimed at keeping staff and stakeholders informed on the progress made towards controlling invasive alien plants (IAPs), the challenges encountered during implementation and the achievements of Working for Water nationally. Volume 3Edition 1 March/April 2010 National Water Week was commemorated from 15 – 21 March 2010 under the theme: “Working Together: We can save more water” National Water Week is commemorated...»

«Save as Book Achargement Des Livres Gratuits En with easy. Then You can Read eBook Achargement Des Livres Gratuits En file for free ACHARGEMENT DES LIVRES GRATUITS EN PDF Enjoy discover achargement des livres gratuits en PDF?. So you are person who likes to download achargement des livres gratuits en Pdf to any kind of device,whether its your laptop, Kindle or iPhone, there are more options now than ever before. Perhaps because of the growing popularity of Kindle, or competitors like The Nook,...»

«THE EYE BEADS – AMULETS OF WARRIORS OF THE 3RD-1ST CENTURIES BC OLENA DZNELADZE, OLEKSANDR SYMONENKO (Kiev – Ukraine) Keywords: amulet, assemblage, breastplate, eye beads, frontlet, grave, harsh bit, kurgan, North Pontic region, North-West Caucasus Summary.The large eye beads, found in numbers one to three, were excavated at scarce barbarian sites of the North Pontic region (Tchisten'ke, Glinoe, Găvani). They were usually located near horse or human skeletons. All beads are dated to the...»

«2 Część pierwsza: ?? NR 2965 4 Część pierwsza: ?? Redaktor serii: Filozofia Andrzej Kiepas Recenzent Mirosław Żelazny Publikacja będzie dostępna — po wyczerpaniu nakładu — w wersji internetowej: Śląska Biblioteka Cyfrowa www.sbc.org.pl Redaktor Małgorzata Pogłódek Projektant okładki Paulina Dubiel Redaktor techniczny Barbara Arenhövel Korektor Luiza Przełożny Skład i łamanie Edward Wilk Copyright © 2012 by Wydawnictwo Uniwersytetu Śląskiego Wszelkie prawa...»

«Aus der Reproduktionsmedizinischen Einheit der Kliniken Klinik für kleine Klauentiere der Tierärztlichen Hochschule Hannover Untersuchung flüssigkonservierten Eberspermas mittels computergestützter Spermienanalyse und Bindung FITC-konjugierter Mannose an die Spermienmembran Inaugural-Dissertation zur Erlangung des Grades eines DOKTORS der VETERINÄRMEDIZIN durch die Tierärztliche Hochschule Hannover Vorgelegt von Markus Nicolae aus Mediasch (Siebenbürgen), Rumänien Hannover 2006...»

«Третьяк В.П.Šе!!,2%!,=ль./е t%!“=L2/: no{Š opnbedemh“, nfhd`mh“ cp`fd`m h bk`qŠh Издательство «Знание» Москва УДК 001.18 Ф79 «Территориальные Форсайты: опыт проведения, ожидания граждан и власти» Автор идеи Третьяк В.П. д.э.н., профессор, заведующий кафедрой «Маркетинга и Форсайта» Московский...»

«Est. 1887 A TRADITION OF EXCELLENCE EQUINE CLIPPING GUIDE Est. 1887 A TRADITION OF EXCELLENCE Over 125 years of manufacturing quality Equine, Cattle and Sheep Clippers and Clipper Blades. INTRODUCTION At Wolseley we understand that clipping a horse for the first time can be nerveracking and even those more experienced in clipping are often apprehensive. So we have produced this booklet to encourage you and hopefully to answer any questions which you may have. In addition, our in-house experts...»

«Operation Evaluation Summary Pulp and paper mill (south-eastern Europe) (A private sector investment operation) February 2012 ab0cd Evaluation Department (EvD) FOR OFFICIAL USE ONLY. This document has a restricted internal distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without the Bank’s authorisation. Operation Evaluation Summary: Pulp and Paper Mill (South -eastern Europe) 2/6 Executive summary In 2006...»





 
<<  HOME   |    CONTACTS
2016 www.abstract.xlibx.info - Free e-library - Abstract, dissertation, book

Materials of this site are available for review, all rights belong to their respective owners.
If you do not agree with the fact that your material is placed on this site, please, email us, we will within 1-2 business days delete him.