Interim Agreement with a View to an - Official Documents
Interim Agreement with a View to an - Official Documents Interim Agreement with a View to an - Official Documents
6 f) establish and implement an effective, predictable and transparent regulatory framework for trade and investment in the Central African region, thus supporting g) the conditions for increasing investment and private-sector initiatives, and enhance capacity for the supply of products and services, competitiveness and economic growth in the region; h) strengthen existing relations between the Parties on the basis of solidarity and mutual interest. To this end, in line with the WTO obligations, the Agreement will enhance commercial and economic relations, support a new trading dynamic between the Parties by means of the progressive, asymmetrical liberalisation of trade between them and reinforce, broaden and deepen cooperation in all areas relevant to trade; i) promote private-sector development and employment growth. ARTICLE 3 Specific objectives In accordance with Articles 34 and 35 of the Cotonou Agreement, the objectives of this Agreement are to: a) establish a basis for the negotiation of an EPA which will help reduce poverty, promote regional integration, economic cooperation and good governance in Central Africa and increase Central Africa's production, export and supply capacities, as well as its ability to attract foreign investment and its capacities in terms of trade policy and trade-related issues; b) foster the smooth and gradual integration of Central Africa into the global economy, in accordance with its political choices and its development priorities; c) strengthen existing relations between the Parties on the basis of solidarity and mutual interest; d) create an Agreement that is compatible with the rules of the World Trade Organisation; e) establish a basis for negotiating and implementing an effective, predictable and transparent regulatory framework for trade, investment, competition, intellectual property, public procurement and sustainable
development in the Central African region, thus supporting the conditions for increasing investment and private-sector initiatives, and enhance capacity for the supply of goods and services, competitiveness and economic growth in the region; f) provide a roadmap for negotiations on the areas referred to in the preceding paragraph for which it was not possible to complete negotiations in 2007. TITLE II PARTNERSHIP FOR DEVELOPMENT ARTICLE 4 Framework for capacity building in Central Africa The Parties affirm their commitment to promote capacity building and economic modernisation in Central Africa using the various instruments at their disposal, for example by setting up an economic and institutional framework at national and regional levels that is conducive to growth in economic activity in Central Africa, by means of trade policy instruments and development cooperation instruments as set out in Article 7. ARTICLE 5 Priority areas for capacity building and modernisation 1. The Central African region, in partnership with the EC Party and by means of the cooperation instruments set out in Article 7, shall promote a quantitative and qualitative increase in the goods and services produced and exported by the Central African region, particularly in the following areas: a) Development of basic regional infrastructure - Transport - Energy - Telecommunications b) Agriculture and food safety 7 7
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6<br />
f) establish <strong>an</strong>d implement <strong>an</strong> effective, predictable <strong>an</strong>d tr<strong>an</strong>sparent<br />
regula<strong>to</strong>ry framework for trade <strong>an</strong>d investment in the Central Afric<strong>an</strong><br />
region, thus supporting<br />
g) the conditions for increasing investment <strong>an</strong>d private-sec<strong>to</strong>r initiatives,<br />
<strong>an</strong>d enh<strong>an</strong>ce capacity for the supply of products <strong>an</strong>d services,<br />
competitiveness <strong>an</strong>d economic growth in the region;<br />
h) strengthen existing relations between the Parties on the basis of<br />
solidarity <strong>an</strong>d mutual interest. To this end, in line <strong>with</strong> the WTO<br />
obligations, the <strong>Agreement</strong> will enh<strong>an</strong>ce commercial <strong>an</strong>d economic<br />
relations, support a new trading dynamic between the Parties by me<strong>an</strong>s<br />
of the progressive, asymmetrical liberalisation of trade between them<br />
<strong>an</strong>d reinforce, broaden <strong>an</strong>d deepen cooperation in all areas relev<strong>an</strong>t <strong>to</strong><br />
trade;<br />
i) promote private-sec<strong>to</strong>r development <strong>an</strong>d employment growth.<br />
ARTICLE 3<br />
Specific objectives<br />
In accord<strong>an</strong>ce <strong>with</strong> Articles 34 <strong>an</strong>d 35 of the Co<strong>to</strong>nou <strong>Agreement</strong>, the objectives of<br />
this <strong>Agreement</strong> are <strong>to</strong>:<br />
a) establish a basis for the negotiation of <strong>an</strong> EPA which will help reduce<br />
poverty, promote regional integration, economic cooperation <strong>an</strong>d good<br />
govern<strong>an</strong>ce in Central Africa <strong>an</strong>d increase Central Africa's production,<br />
export <strong>an</strong>d supply capacities, as well as its ability <strong>to</strong> attract foreign<br />
investment <strong>an</strong>d its capacities in terms of trade policy <strong>an</strong>d trade-related<br />
issues;<br />
b) foster the smooth <strong>an</strong>d gradual integration of Central Africa in<strong>to</strong> the<br />
global economy, in accord<strong>an</strong>ce <strong>with</strong> its political choices <strong>an</strong>d its<br />
development priorities;<br />
c) strengthen existing relations between the Parties on the basis of<br />
solidarity <strong>an</strong>d mutual interest;<br />
d) create <strong>an</strong> <strong>Agreement</strong> that is compatible <strong>with</strong> the rules of the World<br />
Trade Org<strong>an</strong>isation;<br />
e) establish a basis for negotiating <strong>an</strong>d implementing <strong>an</strong> effective,<br />
predictable <strong>an</strong>d tr<strong>an</strong>sparent regula<strong>to</strong>ry framework for trade, investment,<br />
competition, intellectual property, public procurement <strong>an</strong>d sustainable