TODAY.AZ / Business

Talks on new EU-Azerbaijan agreement to start soon

17 January 2017 [15:45] - TODAY.AZ

By Azernews

By Amina Nazarli

Head of the EU Delegation to Azerbaijan Malena Mard announced that negotiations on a new EU-Azerbaijan agreement will start in Brussels in the next two weeks.

Mard, talking to reporters in Baku on Januaru 17, said that preparations are currently underway to start the talks on this very important agreement, which will affect almost all spheres of the bilateral cooperation.

The European Council adopted a mandate for the European Commission and the high representative for foreign affairs and security policy to negotiate, on behalf of the EU and its member states, a comprehensive agreement with Azerbaijan in November 2016.

The new agreement should replace the 1996 partnership and cooperation agreement and should better take account of the shared objectives and challenges the EU and Azerbaijan face today.

The agreement will follow the principles endorsed in the 2015 review of the European Neighborhood Policy and offer a renewed basis for political dialogue and mutually beneficial cooperation between the EU and Azerbaijan.

Currently, bilateral relations between the EU and Azerbaijan are regulated on the basis of an agreement on partnership and cooperation that was signed in 1996 and entered into force in 1999.

The new agreement envisages the compliance of Azerbaijan’s legislation and procedures with the EU’s most important international trade norms and standards, which should lead to the improvement of Azerbaijani goods’ access to the EU markets.

URL: http://www.today.az/news/business/157789.html

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