TNAG-2496-FCO40-3632-Relations-between-Hong-Kong-and-Macao-(Macau)-1992 — Page 98

OFFICIAL TEXT NOT YET

RECEIVED

EXPLANATORY MEMORANDUM ON COMMUNITY LEGISLATION CONCERNING

THE CONCLUSION OF A FRAMEWORK COOPERATION AGREEMENT BETWEEN

THE EUROPEAN COMMUNITY AND THE REPUBLIC OF BRAZIL

Submitted by the Foreign and Commonwealth Office on

May

1992

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

(ix)

standards;

(ii)

investment;

(x)

fisheries;

(iii)

technology;

(xi)

(iv)

agriculture

(xii)

information technology;

transport;

(v)

mining;

(xiii) energy;

(vi)

health;

(vii)

tourism;

(xv)

environment;

(viii) public administration

2.

(xiv) drug abuse;

(xvi) culture

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

DME10514BRCB