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
78 ii. Contribution to absorbing the net fiscal impact of the EPA in full complementarity with the fiscal reforms. iii. Support for implementation of the rules laid down in the EPA (e.g.: support for the EPA institutions; support for regional policies in the areas covered by the EPA and other measures which may help to improve the business environment; support for tax/customs administrations and other measures which may help to create a regional market in Central Africa). D. Timetable A timetable will be drawn up for implementation of the measures selected for capacity building and for modernising the economies of Central Africa. Annex Final joint communiqué of the ministerial meeting held on 6 February 2007.
ANNEX II Customs duties on products originating in the territory of the Central Africa Party 1. Subject to the provisions of paragraphs 2, 4, 5, 6 and 7, customs duties on imports to the EC Party (hereinafter "EC customs duties") shall be completely eliminated, on the date on which this Agreement enters into force, for all products originating in the territory of the Central Africa Party which fall within Chapters 1 to 97 of the Harmonised System, excluding Chapter 93. For products falling within Chapter 93, the EC Party shall continue to impose the duties applied to the most favoured nation (hereinafter "MFN"). 2. EC customs duties on products falling within tariff heading 1006 and originating in the territory of the Central Africa Party shall be eliminated as of 1 January 2010, with the exception of EC customs duties on products falling within subheading 1006 10 10, which shall be eliminated on the date on which this Agreement enters into force. 3. The Parties agree that the provisions of Protocol 3 of the Cotonou Agreement (hereinafter referred to as the "Sugar Protocol") shall remain applicable until 30 September 2009. After that date, the EC Party and the signatory Central African State concerned agree that the Sugar Protocol shall no longer apply between them. For the purposes of Article 4(1) of the Sugar Protocol, the 2008/09 delivery period shall run from 1 July 2008 to 30 September 2009. The guaranteed price for the period from 1 July 2008 to 30 September 2009 shall be decided following the negotiations provided for in Article 5(4). 4. EC customs duties on products falling within tariff heading 1701 and originating in the territory of the Central Africa Party shall be eliminated as of 1 October 2009. Until EC customs duties are completely eliminated, and in addition to allocations of duty-free tariff quotas as defined in the Sugar Protocol, a duty-free tariff quota of 0 tonnes (white rice equivalent) shall be opened for the marketing year 12 2008/2009 for products falling within tariff heading 1701 and originating in the territory of the Central Africa Party. 5. (a) During the period from 1 October 2009 to 30 September 2015, the EC Party may apply the MFN duty to products originating in the Central Africa Party which fall within tariff heading 1701, are imported in excess of the following levels (white sugar equivalent) and are deemed to cause a disturbance in the EC Party's sugar market: 12 For the purposes of paragraphs 4, 5, 6 and 7, "marketing year" shall mean the period from 1 October to 30 September. 79
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78<br />
ii. Contribution <strong>to</strong> absorbing the net fiscal impact of the EPA in full<br />
complementarity <strong>with</strong> the fiscal reforms.<br />
iii. Support for implementation of the rules laid down in the EPA (e.g.:<br />
support for the EPA institutions; support for regional policies in the<br />
areas covered by the EPA <strong>an</strong>d other measures which may help <strong>to</strong><br />
improve the business environment; support for tax/cus<strong>to</strong>ms<br />
administrations <strong>an</strong>d other measures which may help <strong>to</strong> create a regional<br />
market in Central Africa).<br />
D. Timetable<br />
A timetable will be drawn up for implementation of the measures selected for<br />
capacity building <strong>an</strong>d for modernising the economies of Central Africa.<br />
Annex<br />
Final joint communiqué of the ministerial meeting held on 6 February 2007.
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