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Saturday, November 30, 2013

European Union(EU) Association Agreement

A European Union Association Agreement is a treaty between the uropean Union (EU) and a Non-EU country that creates a framework for co-operation between them

 Areas frequently covered by such agreements include the development of political, trade, social, cultural and security links

The EU concludes Association Agreements in exchange for commitments to political, economic, trade, or human rights reform in a country. In exchange, the country may be offered Tariff-free access to some or all EU markets (industrial goods, agricultural products, etc.), and financial or technical assistance

In recent history, such agreements are signed as part of two EU policies -
  • Stabilization and Association Process and
  • European Neighbourhood Policy

Association Agreements have to be ratified by all the EU Member States 

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