The EU-Egypt Association Agreement [901 KB] forms the legal basis governing relations between Egypt and the EU, modelled on the network of Euro-Mediterranean Partnership Agreements between the Union and its partners in the southern flank of the Mediterranean Sea. The agreement with Egypt incorporates free trade arrangements for industrial goods, concessionary arrangements for trade in agricultural products, and opens up the prospect for greater liberalisation of trade in services, and farm goods. The Association Agreement was signed in Luxembourg on 25 June 2001 and entered into force on 1 June 2004, following ratification by the Member States and by Egypt. It replaces the earlier Co-operation Agreement of 1977. A Protocol has been concluded which amends the Agreement to accommodate the enlargement of the Union to 25 Member States in 2004.
In line with the new generation of Association Agreements between the EU and its Mediterranean partners, the preamble emphasises the importance of the principles of the United Nations Charter, in particular the observance of human rights, democratic principles and economic freedom. Respect for human rights and democratic principles constitute an essential element of the Agreement.
The agreement underlines the priority for political stability and economic development of the region through the encouragement of regional co-operation; to open a regular political dialogue in bilateral and international contexts on issues of common interest; to maintain a dialogue on scientific, technological, cultural, audio-visual and social matters to the benefit of both parties.
The main text refers to regular political dialogue at ministerial and senior official levels, and at parliamentary level through contacts between the European Parliament and the Parliament of Egypt. Emphasis is placed on peace, security and regional co-operation and on the need to contribute to the stability and prosperity of the Mediterranean region, to promote understanding and tolerance. Furthermore the agreement includes provisions on freedom of establishment and liberalisation of services, free movement of capital, competition rules, the strengthening of economic co-operation on the widest possible basis and the co-operation on social matters, supplemented by cultural co-operation.
Statement [71 KB]
Statement [72 KB]
Further information concerning Implications for business of the Association Agreement [993 KB] (Tariff Dismantling Schedule) can be found at this link.