Association Agreement Eu Jordan

Sep 11, 2021 by     No Comments    Posted under: Uncategorized

Within the framework of the Agreement, a Joint Committee shall be set up to monitor the implementation of the Agreement. Trade in basic agricultural products is covered by three bilateral agricultural agreements between the EFTA State (Iceland, Norway and Switzerland/Liechtenstein) and Jordan. These agreements are part of the instruments for the creation of the free trade area. The EU and Jordan have developed their free trade agreements through supplementary agreements on agriculture, agri-food products and on a bilateral dispute settlement mechanism, which entered into force in 2007 and 2011 respectively. They provide for important concessions on both sides, taking into account the respective sensitivities. Each agreement contains specific rules of origin, usually based on the “fully acquired” origin criteria. The pan-Euro-Mediterranean system of cumulation of origin was introduced in 2005. It brings together the EU, Jordan and other European and Mediterranean partners to support regional integration by creating a common system of rules of origin. Rules of origin are the technical criteria that determine whether, under a given trade agreement, a given product is eligible for duty-free or other preferential access. Cumulation of origin means that a good originating in one partner country may be processed or added to a product of another partner country and that it remains considered an “originating product” of that second partner country for the purposes of a given trade agreement. International investment agreements (IIAs) are divided into two types: (1) bilateral investment agreements and (2) investment agreements. A bilateral investment agreement (BIT) is an agreement between two countries on the promotion and protection of investments made by investors of the countries concerned in the territory of the other country. The vast majority of AIIs are BITs.

The category of contracts with investment rules (TIPs) includes different types of investment agreements that are not NTBs. Three main types of NTPs can be distinguished: 1. global economic contracts, which contain obligations usually found in THE ILO (e.g. B a free trade agreement with an investment chapter); (2) contracts with limited investment provisions (e.g. B only those relating to the creation of investments or the free transfer of investment funds); and (3) contracts that contain only “framework clauses”, such as.B. on cooperation in the field of investments and/or a mandate for future investment negotiations. In addition to AIIs, there is also an open category of investment-related instruments (IRIs). It includes several binding and non-binding instruments, such as model agreements and drafts, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organizations and others. .

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