establishment of paritary bodies for the management of cooperation, empowered to take decisions binding on the parties; 4. provide most-favoured-nation treatment; 5. ensure a privileged relationship between the EC and its partner; 6. Since 1995, the clause on respect for human rights and democratic principles has been systematically integrated and is an essential element of the Agreement. In recent history, these agreements have been signed under two EU policies: the Stabilisation and Association Process (EAP) and the European Neighbourhood Policy (ENP). In addition to these two policies, free trade agreements have been signed with other states and trading blocs such as Chile and South Africa. .
Definition Of A Association Agreement
September 16, 2021