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Stabilisation and Association Agreement between the EU and Croatia

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(c)<br />

(d)<br />

abolish, upon <strong>the</strong> entry into force of this <strong>Agreement</strong>, all unilateral measures<br />

<strong>and</strong> administrative, technical <strong>and</strong> o<strong>the</strong>r obstacles that could have restrictive or<br />

discriminatory effects on <strong>the</strong> free supply of services in international maritime<br />

transport.<br />

Each Party shall grant, inter alia, no less favourable treatment for <strong>the</strong> ships<br />

operated by nationals or companies of <strong>the</strong> o<strong>the</strong>r Party than that accorded to a<br />

Party's own ships with regard to access to ports open to international trade, <strong>the</strong><br />

use of infrastructure <strong>and</strong> auxiliary maritime services of <strong>the</strong> ports, a well as<br />

related fees <strong>and</strong> charges, customs facilities <strong>and</strong> <strong>the</strong> assignment of berths <strong>and</strong><br />

facilities for loading <strong>and</strong> unloading.<br />

4. With a view to ensuring a co-ordinated development <strong>and</strong> progressive liberalisation of<br />

transport <strong>between</strong> <strong>the</strong> Parties adapted to <strong>the</strong>ir reciprocal commercial needs, <strong>the</strong><br />

conditions of mutual market access in air transport shall be dealt with by special<br />

agreements to be negotiated <strong>between</strong> <strong>the</strong> Parties after <strong>the</strong> entry into force of this<br />

<strong>Agreement</strong>.<br />

5. Prior to <strong>the</strong> conclusion of <strong>the</strong> agreement referred to in paragraph 4, <strong>the</strong> Parties shall<br />

not take any measures or actions which are more restrictive or discriminatory as<br />

compared with <strong>the</strong> situation existing prior to <strong>the</strong> entry into force of this <strong>Agreement</strong>.<br />

6. <strong>Croatia</strong> shall adapt its legislation, including administrative, technical <strong>and</strong> o<strong>the</strong>r rules,<br />

to that of <strong>the</strong> Community existing at any time in <strong>the</strong> field of air <strong>and</strong> inl<strong>and</strong> transport<br />

insofar as it serves liberalisation purposes <strong>and</strong> mutual access to markets of <strong>the</strong> Parties<br />

<strong>and</strong> facilitates <strong>the</strong> movement of passengers <strong>and</strong> of goods.<br />

7. In step with <strong>the</strong> common progress in <strong>the</strong> achievement of <strong>the</strong> objectives of this<br />

Chapter, <strong>the</strong> <strong>Stabilisation</strong> <strong>and</strong> <strong>Association</strong> Council shall examine ways of creating<br />

<strong>the</strong> conditions necessary for improving freedom to provide air <strong>and</strong> inl<strong>and</strong> transport<br />

services.<br />

CHAPTER IV<br />

CURRENT PAYMENTS AND MOVEMENT OF CAPITAL<br />

Article 59<br />

The Parties undertake to authorise, in freely convertible currency, in accordance with <strong>the</strong><br />

provisions of Article VIII of <strong>the</strong> Articles of <strong>the</strong> <strong>Agreement</strong> of <strong>the</strong> International Monetary<br />

Fund, any payments <strong>and</strong> transfers on <strong>the</strong> current account of balance of payments <strong>between</strong> <strong>the</strong><br />

Community <strong>and</strong> <strong>Croatia</strong>.<br />

Article 60<br />

1. With regard to transactions on <strong>the</strong> capital <strong>and</strong> financial account of balance of<br />

payments, from <strong>the</strong> entry into force of <strong>the</strong> <strong>Agreement</strong>, <strong>the</strong> Parties shall ensure <strong>the</strong><br />

free movement of capital relating to direct investments made in companies formed in<br />

accordance with <strong>the</strong> laws of <strong>the</strong> host country <strong>and</strong> investments made in accordance<br />

with <strong>the</strong> provisions of Chapter II of Title V, <strong>and</strong> <strong>the</strong> liquidation or repatriation of<br />

<strong>the</strong>se investments <strong>and</strong> of any profit stemming <strong>the</strong>refrom.<br />

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