Explanatory Memorandum to COM(2003)733 - Provisional application of the trade and trade related provisions of the association agreement with their Member States on the one part, and Egypt, on the other part

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The Euro-Mediterranean Agreement establishing an Association between the European Communities and their Member States on the one part, and the Arab Republic of Egypt on the other part (the 'Association Agreement') was signed on 25 June 2001. On 7 April 2003, the Egyptian People's Assembly ratified the Association Agreement. The European Parliament gave its assent on 29 November 2001 and Member States are currently in the process of ratification of the Association Agreement.

The Community and Egypt have undertaken to adopt procedures for the provisional application of the trade and trade related provisions of the Association Agreement, pending completion of the procedures required for its entry into force. The provisional application of the trade and trade related provisions of the Association Agreement will take place through an Agreement in the form of an exchange of letters.

The trade and trade related provisions provisionally applied will accordingly replace, where appropriate, the provisions of the Co-operation Agreement signed between the European Economic Community and the Arab Republic of Egypt on 18 January 1977 and the Agreement between the Member States of the European Coal and Steel Community and the Arab Republic of Egypt signed in Brussels on 18 January 1977.

The purpose of this proposal is to ask the Council to approve the Agreement in the form of an exchange of letters for the provisional application of the trade and trade related provisions of the Euro-Mediterranean Association Agreement between the EU and Egypt.