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Summary of Treaty


GENERAL DATA
Official Title Cooperation Agreement between the European Community and the People's Republic of Bangladesh on partnership and development
Type of Agreement Bilateral
Place of Signature Brussels
Date of Signature 22/05/2000
Date of Entry Into Force 01/03/2001
Duration Indefinite
Objective of Agreement To enhance and develop the various aspects of cooperation between the Parties in the areas which fall within the bounds of their respective competences, with the following aims: 1. to support the sustainable economic and social development of Bangladesh and particularly of the poorest sections of its population, with special emphasis on women, taking into account its current least developed country status; 2. to secure the conditions for and to promote the increase and development of two-way trade between the Parties in accordance with the Agreement establishing the World Trade Organisation (WTO) and to assist Bangladesh in diversifying its productive potential; 3. to promote investment and economic, technical and cultural links in their mutual interest; 4. to pursue equilibrium between policies for sustainable economic growth, social development and protection and conservation of the natural environment.
Remarks From the outset this Agreement heralds a broader approach (“Believing that relations between them have developed beyond the scope of the Agreement concluded in 1976”) than taken in the 1976 cooperation agreement devoted exclusively to trade promotion and economic cooperation (OJ L 319, 19/11/1976, pp. 2-10), which it replaces. Reference is made to human rights and democratic principles already in Article 1. The Agreement aims to step up cooperation in a number of areas: development (paying particular attention to drug control and AIDS); trade and commercial cooperation; the environment (recognising that there is a close link between social deprivation and environmental degradation); economic cooperation; regional cooperation; science and technology; drug precursor chemicals and money laundering; human resources; information, culture and communication. The future developments clause at Article 14 allows the Agreement to be expanded to specific sectors or activities. Either party is at liberty to make suggestions to this end.
OJ Reference L118, 27/04/2001, p. 48
Depositary Council of the European Union
Contracting Parties European Community, Bangladesh
Authentic Texts Bengali, Danish, Dutch, English, Finnish, French, German, Greek, Italian, Portuguese, Spanish, Swedish
Subject Matters Asia
External Relations
Clause(s)
Authentic Texts Article 21 Agreement
Entry into force conditions Article 20 Agreement
Evolutionary Article 14 Agreement
Human rights Article 1 Agreement
Human rights - Suspension Article 16 Agreement
Territorial application Article 18 Agreement
Management Joint Commission (Article 12) to whom it is to guarantee the proper functioning of any concluded sectoral agreement or likely to be concluded between the parts (Article 12, particularly § 5).
Reciprocal consultations are also envisaged in international, economic and commercial questions of common interest (Article 13).
EU PARTICIPATION
Conclusion Date 28/02/2001
Ratification Status NOT
Conclusion Decision Council Decision of 26 February 2001 concerning the conclusion of the Cooperation Agreement between the European Community and the People's Republic of Bangladesh on partnership and development; OJ L118 of 27/04/2001, p.47
Competence Exclusive
Legal Basis Treaty EC: Article 133
General Comments Framework Agreement ; Comprehensive Agreement


Last Update :   12/07/2012