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The Agadir Agreement of 2004 (FTA between Jordan, Tunisia, Morocco, Egypt) was seen as its first building block.Further steps were envisioned into the European Neighbourhood policy (ENP) Action plans negotiated between the European Union and the partner states on the southern shores of the Mediterranean Sea, mostly with Arab League member states.
European Free Trade Association (entered in to force on 1 September 2006) European Union ( European Union–South Korea Free Trade Agreement ) (entered in to force on 13 December 2015) [ 23 ] Guatemala (signed on 9 January 2024)
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"The Agadir Agreement" for the establishment of a free trade zone between the Arab Mediterranean Nations was signed in Rabat, Morocco on 25 February 2004. [3] [4] The agreement aimed at establishing free trade between Jordan, Tunisia, Egypt and Morocco which was seen as a first potential step in the formation of the Euro-Mediterranean free trade area as envisaged in the Barcelona Process.
Under the aegis of the Global Mediterranean Policy (GMP) launched in 1972, an agreement between the European Economic Community and Egypt was signed in January 1977. [1] The framework laid out by the 1995 Euro-Mediterranean Partnership paved the way for some modest advances in the EU–Egypt relations, [2] leading to a new association agreement signed on 25 June 2001 in the context of the ...
The European Free Trade Association (EFTA) was created to allow European countries to partake in a free trade area with less integration as within the European Communities (later European Union). Most of the countries initially in EFTA have since joined the EU itself, so only four remain outside, Norway , Iceland , Liechtenstein and Switzerland .
The trade deal was signed on 31 January 2019, while the agreement entered into force on 1 January 2021. [27] Madagascar signed the EPA on 4 November 2021 and joined the agreement on 1 August 2024. [28] Comoros signed the EPA on 12 April 2022, both countries will be covered by the agreement when they bring it into effect. [3]
The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. [4] The organization operates in parallel with the European Union (EU), and all four member states participate in the European single market and are part of the ...
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