TNAG-2496-FCO40-3632-Relations-between-Hong-Kong-and-Macao-(Macau)-1992 — Page 15

OFFICIAL TEXT NOT YET

RECEIVED

EXPLANATORY MEMORANDUM ON COMMUNITY LEGISLATION CONCERNING

THE CONCLUSION OF A FRAMEWORK COOPERATION AGREEMENT BETWEEN

THE EUROPEAN COMMUNITY AND THE FEDERATIVE REPUBLIC OF BRAZIL

Submitted by the Foreign and Commonwealth Office on

1992

May

Subject Matter

1. The proposed Decision concerns a framework trade and economic cooperation agreement between the Community and the Republic of Brazil. The proposed agreement provides for cooperation in the following areas.

(i)

trade and industry;

(x)

standards;

(ii)

investment;

(xi)

fisheries;

(iii)

science and technology; (xii) information technology;

(iv)

agriculture;

(xiii) transport;

(v)

intellectual property;

(xiv) social development;

(vi)

mining;

(xv) energy;

(vii)

health;

(xvi) drug abuse;

(viii) tourism;

(ix) public administration;

2. Both parties undertake to grant each other most favoured nation status, in accordance with the General Agreement on Tariffs and Trade, and to trade in accordance with the GATT.

(xvii)

environment;

(xviii) culture.

DME10514BRCB

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