EC/Mexico agreement: interim agreement on trade, implementing economic partnership and cooperation agreement
1997/0281(AVC)
OBJECTIVE: conclusion of an interim agreement on trade and trade-related matters between the
Community and Mexico.
COMMUNITY MEASURE: Council Decision 98/504/EC concerning the conclusion of the interim
agreement on trade and trade-related matters between the European Community, of the one part, and
the United Mexican States, of the other part.
SUBSTANCE: The interim agreement aims to speed up implementation of the provisions on trade
and trade-related matters of the Economic Partnership, Political Coordination and Cooperation
Agreement signed in Brussels on 8 December 1997 between the Community and its Member States
and Mexico (AVC97289).
Numerous unilateral and bilateral declarations have been added to help interpret the agreement, in
particular with regard to:
- respect for the 'human rights' clause in the agreement, by Mexico,
- application of European competition rules and certain international conventions on intellectual
property, by the Community,
- respect for certain international rules with regard to fisheries and maritime transport, by both
parties.
Early implementation of this agreement will enable both parties to begin negotiations with a view to
implementing as soon as possible the liberalisation of trade which is the aim of the main agreement.
A declaration annexed to the agreement describes the procedure which will lead to the conclusion
of these negotiations and of the timetable for liberalisation of trade in goods and services which is
linked to it. In the short term, the joint council and committee for managing the agreement and
concluding the liberalisation negotiations will be established.
ENTRY INTO FORCE: 1.07.1998
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