The Stabilisation and Association Agreement (SAA) between the European Union and Albania signed in June 2006 entered into force on 1 April 2009, taking the country another step forward on the road to European integration. The Agreement commits the parties to further work on political, economic and institutional stabilisation of the country, institution building and public administration reform, enhanced trade and economic co-operation, legal approximation with the Community acquis and strengthened co-operation on justice and home affairs. The full implementation of the Agreement will also create a new climate for the development of trade and investment which are crucial factors for the economic restructuring and the modernisation of the country.