EU Association Agreement in the context of "Deep and Comprehensive Free Trade Area"

⭐ In the context of Deep and Comprehensive Free Trade Areas, an EU Association Agreement primarily aims to provide which of the following benefits to the associated country?

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⭐ Core Definition: EU Association Agreement

A European Union Association Agreement or simply Association Agreement (AA) is a treaty between the European Union (EU, or its predecessors), its Member States and a non-EU country or bloc of countries that governs bilateral relations. Areas frequently covered by such agreements include the development of political, trade, social, cultural and security links. The provision for an association agreement was included in the Treaty of Rome, which established the European Economic Community, as a means to enable co-operation of the Community with the United Kingdom, which had retreated from the treaty negotiations at the Messina Conference of 1955. According to the European External Action Service, for an agreement to be classified as an AA, it must meet several criteria:

The EU typically concludes Association Agreements in exchange for commitments to political, economic, trade, or human rights reform in a country. In exchange, the country may be offered tariff-free access to some or all EU markets (industrial goods, agricultural products, etc.), and financial or technical assistance. Most recently signed AAs also include a Free Trade Agreement (FTA) between the EU and the external party.

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👉 EU Association Agreement in the context of Deep and Comprehensive Free Trade Area

The Deep and Comprehensive Free Trade Areas (DCFTA) are three free trade areas established between the European Union, and Georgia, Moldova, and Ukraine respectively. The DCFTAs are part of each country's EU Association Agreement. They allow Georgia, Moldova, and Ukraine access to the European Single Market in selected sectors and grant EU investors in those sectors the same regulatory environment in the associated country as in the EU. The agreements with Moldova and Georgia have been ratified and officially entered into force in July 2016, although parts of them were already provisionally applied. The agreement with Ukraine was provisionally applied since 1 January 2016 and formally entered into force on 1 September 2017.

Unlike standard free trade areas, the DCFTA is aimed to offer the associated country the "four freedoms" of the EU Single Market: free movement of goods, services, capital, and people. Movement of people however, is in form of visa-free regime for short stay travel, while movement of workers remains within the remit of the EU Member States. The DCFTA is an "example of the integration of a Non-EEA-Member into the EU Single Market".

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