Explanatory Memorandum to COM(2007)717 - Application of the arrangements for goods from certain ACP states (ACP) provided for in agreements establishing, or leading to the establishment of, Economic Partnership Agreements

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dossier COM(2007)717 - Application of the arrangements for goods from certain ACP states (ACP) provided for in agreements establishing, or leading ...
source COM(2007)717 EN
date 13-11-2007
This proposal for a Council Regulation applying the arrangements for goods originating in certain states which are part of the African, Caribbean and Pacific Group of States (ACP) provided for in agreements establishing, or leading to the establishment of, Economic Partnership Agreements follows from the Communication from the Commission to the Council and the European Parliament on Economic Partnership Agreements (EPAs) that was adopted by the Commission on 23 October 2007 (COM(2007) 635).

That Communication sets out how the core objectives of full, comprehensive EPAs with all ACP regions can be achieved while minimising, as far as is possible, the risks of trade disruption for those African Caribbean and Pacific (ACP) Regions or Sub-Regions that conclude negotiations on agreements establishing, or leading to the establishment of, Economic Partnership Agreements before the expiry of the current trade regime on 31 December 2007 and in a manner consistent with the Community's international obligations. The Regulation does this by establishing a legal basis to apply the arrangements for goods provided for in agreements establishing, or leading to the establishment of, Economic Partnership Agreements

This Regulation will be based on provisions in those agreements permitting the application of the agreements, in so far as is feasible, before the provisional application on a mutual basis of the agreements. As such it will continue in force once the agreements are provisionally applied and have entered into force, and will be amended or superseded in order to bring it into conformity with those aspects of the agreements which it has not been feasible to include in this Regulation. As a result, this Regulation is without prejudice to the relevant procedures for the conclusion and entry into force of the agreements.