Cooperation Agreement between the European Community and the Republic of Yemen

 

SUMMARY OF:

Cooperation Agreement — European Community and the Republic of Yemen

Decision 98/189/EC — Cooperation Agreement between the European Community and the Republic of Yemen

WHAT IS THE AIM OF THE AGREEMENT AND OF THE DECISION?

KEY POINTS

The agreement is based on respect of democratic principles and fundamental human rights and its objectives in the above fields are to:

Fields of cooperation

Trade cooperation

In the field of trade cooperation, the parties agree to

Yemen agrees to protect intellectual, industrial and commercial property rights and ensure effective application of the principle of unrestricted access to cargoes on a commercial and on a non-discriminatory basis for international maritime services.

Development cooperation

In the field of development cooperation, the EU recognises that it could make a greater contribution in terms of size and impact and therefore undertakes to help Yemen reduce poverty by developing:

Cooperation must be guided by a clear cooperation strategy taking account of the geographical distribution of commitments and accompanied by a dialogue to define mutually agreed priorities and pursue effectiveness and sustainability.

Economic cooperation

To demonstrate commitment to economic cooperation, a regular economic dialogue will cover all areas of macroeconomic policy, including budgetary policy, the balance of payments and monetary policy. Its aim will be to establish closer cooperation between the relevant authorities in order to:

Economic and other forms of cooperation may be extended to activities under cooperation or integration agreements with other countries in the same region to contribute to regional cooperation. Coordination with the EU’s decentralised cooperation programmes with the Mediterranean and the Gulf Cooperation Council countries is planned to this end.

Agriculture and fisheries

On agriculture and fisheries, the aim is to modernise and restructure the sector with a view to the implementation of:

Environment

The parties recognise that there is a close link between poverty and environmental damage and therefore agree to give top priority to environmental protection. This will involve:

Other fields

Institutional aspects

DATE OF ENTRY INTO FORCE

The agreement entered into force on 1 July 1998.

BACKGROUND

In February 2019, the Council adopted conclusions on Yemen reaffirming its commitment to the unity, sovereignty, independence and territorial integrity of Yemen in the face of the conflict it has been experiencing for over 6 years. It also welcomed the unanimous adoption of UNSCR 2451 and 2452 underpinning the Stockholm Agreement and establishing the United Nations mission to support the Hudaydah Agreement (UNMHA).

For more information, see:

KEY TERMS

Most favoured nation: an MFN clause requires a country to provide any concessions, privileges, or immunities granted to one nation in a trade agreement to all other World Trade Organization member countries.

MAIN DOCUMENTS

Cooperation Agreement between the European Community and the Republic of Yemen (OJ L 72, 11.3.1998, pp. 18-29)

Council Decision 98/189/EC of 23 February 1998 concerning the conclusion of the Cooperation Agreement between the European Community and the Republic of Yemen (OJ L 72, 11.3.1998, p. 17)

RELATED DOCUMENTS

Council conclusions on Yemen, 18 February 2019

Council conclusions on Yemen, 25 June 2018

Council adopts conclusions on Yemen — press release, 3.4.2017

Information on the entry into force of the Cooperation Agreement between the European Community and the Republic of Yemen (OJ L 178, 23.6.1998, p. 38)

last update 27.04.2020