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Summary of Treaty


GENERAL DATA
Official Title Protocol between the European Union and the Arab Republic of Egypt establishing a dispute settlement mechanism applicable to disputes under the trade provisions of the Euro-Mediterranean Agreement establishing an Association between the European Communities and their Member States, of the one part, and the Arab Republic of Egypt, of the other part
Type of Agreement Bilateral
Place of Signature Brussels
Date of Signature 11/11/2010
Date of Entry Into Force Pending
Objective of Agreement The objective of this Protocol is to avoid and settle any trade dispute between the Parties with a view to arrive at, where possible, a mutually agreed solution.
Remarks The Euro-Mediterranean Agreements contain provisions liberalising trade in goods, but the dispute settlement rules applicable to any disputes concerning these provisions rely mainly on a diplomatic approach which can be easily blocked by the party against which the complaints are lodged. In this context the creation of a dispute settlement mechanism applicable to trade disputes based on streamlined and effective procedures within firm time limits, and modeled on the dispute settlement mechanisms of the most recent agreements concluded by the European Union and on the World Trade Organization (WTO) Dispute Settlement Understanding was considered. Such a mechanism is likely to increase the security and predictability of the bilateral trade relations. To this end in the framework of the European Neighbourhood Policy EU-Egypt Action Plan the parties agreed to elaborate rules of procedure for dispute settlement.
Relation and Association with Other Agreements -Euro-Mediterranean Agreement establishing an Association between the European Communities and their Member States, of the one part, and the Arab Republic of Egypt, of the other part
OJ Reference L 138, 26/05/2011, p. 3
Contracting Parties European Union, Egypt
Authentic Texts Arabic, Bulgarian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian , Slovakian, Slovenian, Spanish
Subject Matters North Africa
Trade
Clause(s)
Amendment and review Article 22 Protocol
Entry into force conditions Article 23 Protocol
EU PARTICIPATION
Ratification Status NOT
Conclusion Decision Council Decision of 13 May 2011 on the conclusion of an Agreement in the form of a Protocol between the European Union and the Arab Republic of Egypt establishing a dispute settlement mechanism applicable to disputes under the trade provisions of the Euro-Mediterranean Agreement establishing an Association between the European Communities and their Member States, of the one part, and the Arab Republic of Egypt, of the other part; OJ L138 of 26/05/2011, p.2
Competence Exclusive
Legal Basis Treaty FEU: Article 207



Last Update :   01/08/2011