Presentation on Central european free trade organization
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Presentation on Central european free trade organization

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Presentation on Central european free trade organization

Presentation on Central european free trade organization

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 Presentation on Central european free trade organization Presentation on Central european free trade organization Presentation Transcript

  • WHAT IS IT? A TRADE AGREEMENT (ALSO KNOWN AS TRADEPACT)IS A WIDE RANGING TAX, TARIFF AND TRADE TREATY THAT OFTEN INCLUDES INVESTMENT GUARANTEES. THE MOST COMMON TRADE AGREEMENTS ARE OF THE PREFERENTIAL AND FREE TRADE TYPES ARE CONCLUDED IN ORDER TO REDUCE (OR ELIMINATE) TARIFFS, QUOTAS AND OTHER TRADE RESTRICTIONS ON ITEMS TRADED BETWEEN THE SIGNATORIES. THE CENTRAL EUROPEAN FREE TRADE AGREEMENT (CEFTA) IS A TRADE AGREEMENT BETWEEN NON-EU COUNTRIES IN SOUTHEAST EUROPE.
  • HISTORY • THE ORIGINAL CEFTA AGREEMENT WAS SIGNED BY THE VISEGRÁD GROUP COUNTRIES, THAT IS BY POLAND, HUNGARY AND CZECH AND SLOVAK REPUBLICSON 21 DECEMBER 1992 IN KRAKÓW, POLAND. IT CAME INTO FORCE IN JULY 1994. THROUGH CEFTA, PARTICIPATING COUNTRIES HOPED TO MOBILIZE EFFORTS TO INTEGRATE INTO WESTERN EUROPEAN INSTITUTIONS AND THROUGH THIS, TO JOIN EUROPEAN POLITICAL, ECONOMIC, SECURITY AND LEGAL SYSTEMS, THEREBY CONSOLIDATING DEMOCRACY AND FREE-MARKET ECONOMICS.
  • 2006 AGREEMENT • ALL OF THE PARTIES OF THE ORIGINAL AGREEMENT HAD NOW JOINED THE EU AND THUS LEFT CEFTA. THEREFORE IT WAS DECIDED TO EXTEND CEFTA TO COVER THE REST OF THE BALKAN STATES. • ON 6 APRIL 2006, AT THE SOUTH EAST EUROPE PRIME MINISTERS SUMMIT IN BUCHAREST, A JOINT DECLARATION ON EXPANSION OF CEFTA TO ALBANIA, BOSNIA AND HERZEGOVINA, MOLDOVA, SERBIA, MONTENEGRO AND UNMIK ON BEHALF OF KOSOVO WAS ADOPTED. • THE NEW ENLARGED AGREEMENT WAS INITIALLED ON 9 NOVEMBER 2006 IN BRUSSELS AND WAS SIGNED ON 19 DECEMBER 2006 AT THE SOUTH EAST EUROPEAN PRIME MINISTERS SUMMIT IN BUCHAREST. • THE AIM OF THE AGREEMENT WAS TO ESTABLISH A FREE TRADE ZONE IN THE REGION BY 31 DECEMBER 2010.
  • MEMBERSHIP CRITERIA •World Trade Organization membership or commitment to respect all WTO regulations •Any European Union Association Agreement •Free Trade Agreements with the current CEFTA member states
  • MEMBERS
  • OBJECTIVES SERVICES: A PROGRESSIVE LIBERALISATION AND MUTUAL OPENING OF THE SERVICES MARKET. INVESTMENT:ENSURING STABLE AND EQUITABLE TREATMENT OF INVESTORS AND COMPLEMENTING THE TRADE LIBERALISATION GAINS WITH INVESTMENT OPPORTUNITIES. GOVERNMENT PROCUREMENT:A PROGRESSIVE AND EFFECTIVE OPENING OF THE GOVERNMENTS’ PROCUREMENT MARKETS BY MAY 2010. PROTECTIONOF INTELLECTUALPROPERTY:ENSURE ADEQUATE AND EFFECTIVE PROTECTION OF INTELLECTUAL PROPERTY IN ACCORDANCE WITH INTERNATIONAL STANDARDS, IN PARTICULAR WITH TRIPS.
  • http://www.unitedworld.edu.in/ Campus Ahmedabad Campus: Karnavati Knowledge Village, A/907,Uvarsad, S.G.Highway, Gandhinagar Kolkata Campus: Infinity Benchmark Tower 10th Floor, Plot - G1, Block - EP& GP, Sec - V, Salt Lake, Kolkata. Reg. Office: 407, Zodiac Square, 4th Floor Opp. Gurudwara, S.G. Road, Bodakdev, Ahmedabad.