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Summary of Treaty


GENERAL DATA
Official Title Cooperation Agreement between the European Community and the Lao People's Democratic Republic
Type of Agreement Bilateral
Place of Signature Luxembourg
Date of Signature 29/04/1997
Date of Entry Into Force 01/12/1997
Duration Indefinite
Objective of Agreement The main objective of this Agreement is to provide a framework for enhancing cooperation between the Parties, within their respective areas of jurisdiction, with the following aims:

(a) to accord each other most-favoured-nation treatment on trade in goods in all areas specifically covered by the Agreement, save as regards advantages accorded by either Party within the context of customs unions or free trade areas, trade arrangements with neighbouring countries or specific obligations under international commodity agreements;
(b) to promote and intensify trade between the Parties, and to encourage the steady expansion of sustainable economic cooperation, in accordance with the principles of equality and mutual advantage;
(c) to strengthen cooperation in fields closely related to economic progress and benefiting both Parties;
(d) to develop lasting trade relations and diversify trade between the Community and the Lao PDR, to achieve a lasting opening-up of markets to a degree which is compatible with the Parties' economic situations and the assistance which the Lao PDR will need in the light of its application to join the World Trade Organization;
(e) to contribute to the Lao PDR's efforts to improve the quality of life and standards of living of the poorest sections of its population, together with measures using rural development to combat poverty in the countryside and assistance with achieving the transition to a market economy and developing human resources in a number of sectors of the economy;
(f) to encourage job creation in both the Community and the Lao PDR, with priority being accorded to programmes and operations which could have a favourable effect in this respect. The Parties shall also exchange views and information on their respective initiatives in this field, step up and diversify their economic links and establish conditions conducive to job creation;
(g) to take the requisite measures to protect and conserve the world, regional, national and local environments and manage natural resources sustainably, taking account of the link between the environment and development.
Remarks "Third generation" framework agreement. The basis for cooperation, which is very comprehensive and extends to all fields permitted by the relevant legal bases, is respect for democratic principles and fundamental human rights (Article 1). Contains two annexes which form an integral part of the Agreement (Article 20) and a joint declaration. Note the non-execution clause (Article 19), the clause on drug precursors etc (Article 11) which serves as an ad hoc agreement on the matter, the future developments clause (Article 15) in the form of a "pactum ad contrahendum" and the possibility of autonomous measures based on experience gained.
OJ Reference L334, 05/12/1997, p. 15
Nature of Agreement Cooperation Agreement
Depositary Council of the European Union
Contracting Parties European Community, Laos
Authentic Texts Danish, Dutch, English, Finnish, French, German, Greek, Italian, Lao, Portuguese, Spanish, Swedish
Subject Matters Asia
External Relations
Clause(s)
CNPF Article 2 Agreement
CNPF Article 4 Agreement
Human rights Article 1 Agreement
Human rights - Suspension Article 19 Agreement
Readmission Agreement
Territorial application Article 18 Agreement
Management Joint Committee (Article 14)
EU PARTICIPATION
Conclusion Date 10/11/1997
Ratification Status NOT
Conclusion Decision Council Decision of 10 November 1997 concerning the conclusion of the Cooperation Agreement between the European Community and the Lao People's Democratic Republic; OJ L334 of 05/12/1997, p.14
Competence Exclusive
Legal Basis Treaty EC: Article 130Y
Treaty EC: Article 113
General Comments Framework Agreement ; Comprehensive Agreement



Last Update :   11/12/2012