Association Agreement Eu Jordan

The free trade agreement applies to trade in industrial products, fish and seafood products and processed agricultural products. In addition, bilateral agricultural agreements have been concluded between the various EFTA countries and Jordan, which are part of the free trade area`s creation instruments. One of the objectives of the agreement (Article 1) is to promote the harmonious development of economic relations between the parties through the extension of reciprocal trade. Until 2014, virtually all tariffs on trade in industrial products, fish and other seafood were abolished. The agreement contains provisions relating to the elimination of tariffs and other trade barriers, as well as other trade-related disciplines, such as competition rules, intellectual property protection, public procurement, state monopolies, state aid, payments and transfers. As part of the agreement, a joint committee is set up to oversee the implementation of the agreement. IIA Navigator This IIAs database – the IIA Navigator – is managed by the IIA section of UNCTAD. You can browse THE IIAs that are completed by a given country or group of countries, view the recently concluded IIAs, or use advanced research for sophisticated research tailored to your needs. Please mention: UNCTAD, International Investment Agreements Navigator, available in Jordan`s relations with the EU are part of an action plan and association agreement within the framework of the European Neighbourhood Policy. Jordan is also a member of the European Union for the Mediterranean. The Association Agreement between the EU and Jordan was signed on 24 November 1997. It came into force on 1 May 2002 and replaced the 1977 Cooperation Agreement.

The agreement will gradually establish a free trade area between the EU and Jordan on a one-year benchmark dispute, in accordance with WTO rules. The EU and Jordan have developed their free trade agreement through additional agreements on agricultural, agri-food and fisheries products, as well as through a bilateral dispute settlement mechanism that came into force in 2007 and 2011 respectively. They provide for significant concessions on both sides, taking into account the respective sensitivities. Each agreement contains specific rules of origin, usually based on „fully preserved“ criteria. The accumulation of origin means that a product can be processed from a partner country or can be added to a product from another partner country, but can nevertheless be considered a „product of origin“ of that second partner country for the purpose of a specific trade agreement. The pan-Euro-Mediterranean cumulative system was introduced in 2005. It brings together the EU, Jordan and other European and Mediterranean partners to support regional integration through the creation of a common system of rules of origin. Rules of origin are the technical criteria for determining whether a particular product is eligible for duty-free access or other preferential access under a specific trade agreement. Trade in agricultural commodities is covered by three bilateral agricultural agreements negotiated between the EFTA state (Iceland, Norway and Switzerland/Liechtenstein) and Jordan.

These agreements are part of the instruments for creating the free trade area. Consultations are the fundamental mechanism for resolving disputes between the parties. The agreement requires the parties to work to resolve any differences between them regarding the interpretation and implementation of the agreement through direct consultations and, where appropriate, consultations within the joint committee. In cases where consultations do not result in a satisfactory solution, the parties may return to arbitration (Article 31). Appendix VII governs the Constitution and the functioning of the Tribunal.

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