Cefta Grand Finale
-
Upload
gayatrichaudhary -
Category
Documents
-
view
221 -
download
0
Transcript of Cefta Grand Finale
-
8/8/2019 Cefta Grand Finale
1/20
G ROUP M EMBERS
SHEETAL CHAUDHARY SHRADDHA S AVANT
SMRITI GUPTA N ANDITA J OBANPUTRA
R INKU B ANSWANISHARDUL DESAI
R ITIKA D AYAL A ARUSHI K APUR
ROHAN T AMANEKAR VISHAL A NAND S HARMA
CENTRAL EUROPEANFREE TRADEAGREEMENT
-
8/8/2019 Cefta Grand Finale
2/20
F REE TRADE AGREEMENT
Free movement of goods & services
ASEAN Free Trade A rea ( A F TA)
Central Eu ropean Free Trade A greement ( CE F TA)
Greater A rab Free Trade A rea ( GA F TA)
P acific Island Cou ntries Trade A greement ( PICTA)
Sou th A sia Free Trade A greement ( SA F TA)
N orth A merican Free Trade A greement ( NA F TA)
-
8/8/2019 Cefta Grand Finale
3/20
CENTRAL E UROPEAN F REE TRADE A GREEMENT
y Trade agreement signed by Central Eu ropean and Sou thE astern Cou ntries
y Covers a wide range of trade-related cooperation incl u ding
- Red u ction of tariff barriers- Create favorable conditions for cooperation at the
company level, transportation and infrastr u ct u re
- H armonization of energy systems and telecomm u nicationnetworks
-Free mobility of Capital and Labor.
y Free Trade zone by December 2010.
-
8/8/2019 Cefta Grand Finale
4/20
CE F TA A GREEMENT
S igned by Visegrad co u ntriesP oland, Hu ngary, Czech, S lovakiaS igned on 21 st December, 1992 inK akrow, P oland
I t entered into force since Ju ly 1994
O riginal A greement
1992
C efta extended to cover rest of the
Sou th E ast Eu ropean co u ntriesA greement came into effect from2007A reas covered CE F TA - Services,Investment, GovernmentP roc u rement, Intellect u al P ropertyRights
CE F TA 2006
-
8/8/2019 Cefta Grand Finale
5/20
E VOLUTION O F CE F TA
1992 E stablishment of CE F TA with 4 member co u ntries
1999 Bu lgaria becomes a member of CE F TA ( Slovenia &Romania- existing members at this time )
2004 5 member co u ntries of CE F TA join EU , CE F TA shrinks
2006 A t the Sou th E ast Eu rope P rime Ministers Su mmitin Bu charest- declaration on expansion of CE F TA
2007 CE F TA 2006 with 8 new member co u ntries comesinto effect
-
8/8/2019 Cefta Grand Finale
6/20
PARTIES OF AGREEMENT JOINED LEFT
P oland 1992 2004
Hu ngary 1992 2004
Czechoslovakia 1992 2004
Slovenia 1996 2004
Romania 1997 2007
Bu lgaria 1999 2007
Croatia 2003
Macedonia 2006
A lbania 2007
Bosnia and H erzegovina 2007 Moldova 2007
Montenegro 2007
Serbia 2007
UNMIK -K osovo 2007
-
8/8/2019 Cefta Grand Finale
7/20
ALBANIA BOSNIA AND HERZEGOVNIA
CROATIA MOLDOVA
SERBIA UNMIK/KOSOVO
CURRENT M EMBERS
MACEDONIA
MONTENEGRO
-
8/8/2019 Cefta Grand Finale
8/20
M EMBERSHIP CRITERIA
Membership with WTO
S igning of an A ssociation A greement with EU
Consent from all of CE F TA S tates
-
8/8/2019 Cefta Grand Finale
9/20
ORGANISATION S TRUCTURE
JOINT COMMITEE
CEFTA Secretariat
SUBCOMITTEE- Agriculture and Sanitaryand Phytosanitary
Issues
SUBCOMITTEE-Customs and Rules of Origin
SUBCOMITTEE-Technical Barriers toTrade and Non Tariff
Barriers
-
8/8/2019 Cefta Grand Finale
10/20
F UNCTIONS
OFFICIAL BODY FUNCTIONS
The J oint Committee Su pervise and administer the implementation of the A greement
Su b-committee on A gric u lt u re and S anitaryand P hytosanitary Iss u es
Facilitate trade in agric u lt u ral prod u cts withinthe region
Su b-committee on Cu stomsand Ru les of Origin
Simplify and facilitate c u stoms proced u res,stim u late rapid implementation of the commonr u les of origin in all the P arties
Su b-committee on TechnicalBarriers to Trade and N onTariff Barriers
To identify, review and propose meas u res forelimination of technical barriers to trade and non-tariff barriers among the parties.
CE F TA S ecretariat P rovide technical and administrative s u pport tothe J oint Committee, to any s u b-committee,expert gro u p or any other body established by the
J oint Committee
-
8/8/2019 Cefta Grand Finale
11/20
OBJECTIVES OF CE F TA
y Consolidate in a single agreement tradeliberalisation achieved thro u gh the network of bilateral free trade agreements
y P romote Investment incl u ding F DI
y E xpand trade in goods and services
y Foster investment by means of fair, clear, stable andpredictable r u les
y E liminate barriers to trade
-
8/8/2019 Cefta Grand Finale
12/20
OBJECTIVES CONTD ..
y P rovide fair conditions of competition affectingforeign trade and investment
y P rotection of Intellect u al property rights
y Incl u des clear and effective proced u res for
disp u te settlement
y P rovides an excellent framework for the partiesto prepare for EU accession
-
8/8/2019 Cefta Grand Finale
13/20
GENERAL OBLIGATION A PPLICABLE TOTRADE IN A LL GOODS
Qu antitative RestrictionsCu stom Du ties on E xports
Cu stom Du ties on ImportsCu stom FeesConcessions and A gric u lt u ral P oliciesSanitary and P hytosanitary Meas u res
-
8/8/2019 Cefta Grand Finale
14/20
-
8/8/2019 Cefta Grand Finale
15/20
-
8/8/2019 Cefta Grand Finale
16/20
PORTS
Serbia- P ort of Belgrade A lbania- Du rres, Shangjin, VloreC roatia- Sava, Dan u be ( Sea ports ),
Split, Zadar (river port )Montenegro- Bar, K otorMacedonia- Bou rgas
B iH - Bosa u ska G radiska, Bosanski B rodMoldova- N o port
-
8/8/2019 Cefta Grand Finale
17/20
KEY ECONOMIC AND TRADE INDICATORS (2008 )
COUNTRIES/ PARAMETERS
EXPORTSTOCEFTA( IN MN)
IMPORTSFROMTOCEFTA ( IN MN)
GDP IN MN
CEFTA EXPORTSTO GDPRATIO( IN%)
ALBANIA 12 5 298 8364 1. 5
BOSNIA AND HER ZEGOV ANIA
1529 2916 12649 12.1
CROATIA 22 53 10 51 4716 5 4.8
MACEDONI A
922 511 6477 14.2
MONTENEGRO
159 1227 3393 4.7
SERBIA 24 58 1216 340 55 7.2
KOSOVO 93 70 5 3804 2.4
-
8/8/2019 Cefta Grand Finale
18/20
-
8/8/2019 Cefta Grand Finale
19/20
ISSUES
Impact of TBT & SPS
Mu t u al Recognition of Certification
Cost & Qu ality of T rade Logistics
U nfair Competition d u e to I llegal imports
-
8/8/2019 Cefta Grand Finale
20/20
THANK YOU