The main benefits from CEFTA 2006 Sample Clauses

The main benefits from CEFTA 2006. 1.1. Glavne koristi od CEFTA-e 2006 The Republic of Macedonia was the last country to accede the original CEFTA. The agreement for ex- tending and modernizing CEFTA was signed on 19 De- cember 2006 and the “new” agreement was called CEFTA 2006 for the purpose of terminological differ- entiation. This modern and comprehensive free trade agreement entered into force on 26 July 2007 for five Parties - Albania, Macedonia, Moldova, Montenegro and UNMIK/Kosovo, while for Croatia it entered into force on 22 August 2007, for Serbia on 24 October 2007 and for Bosnia and Herzegovina on 22 November 2007. Thus, full implementation of CEFTA 2006 start- ed at the end of 2007, according to the official report from the CEFTA web site (xxxx://xxx.xxxxxxxxxxxxx- xxx.xxx/, 2014). CEFTA 2006 consolidates 32 bilateral free trade agreements previously concluded among its signato- xxxx, representing an international framework for in- creased liberalization of trade in goods. The applica- tion of CEFTA 2006 is expected to cause a significant increase of trade exchange in the region, which in turn will result in increased competitive advantages. Mem- bership in CEFTA 2006 significantly contributes to the continuous efforts for strengthening the regional eco- nomic cooperation, further liberalization of foreign trade exchange, and continuation of activities for har- monization of trade rules with international standards (Mojsovska and Xxxxxxx, 2011). CEFTA 2006 is a re- xxxx of the efforts for as urgent as possible economic approximation and consolidation of the SEE countries. Such aspirations, on one hand, and the unequal pro- xxxxx of different countries regarding integration in the global economic trends, imposed a need to relax the preconditions for acceding to the agreement. Novelty in CEFTA 2006 is the broadening of the agreement with new trade issues that were not regulated by the original CEFTA. The purpose of introducing new is- sues was to increase the economic cooperation among the countries/territories in the region, as well as to in- crease the processes of harmonization of their meas- ures with the international standards according to the CEFTA official web site (xxxx://xxx.xxxxx.xxx/). One of the main goals of CEFTA 2006 is to achieve substantial liberalization of trade among its members (Xxxxxxx and Xxxxxxx, 2007). The Agreement provides full elimination of customs duties in the international trade of all signatories and for all industrial products not later than 31...
Sample 1
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Related to The main benefits from CEFTA 2006

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • Public Benefit It is X. Xxxxx’x understanding that the commitments it has agreed to herein, and actions to be taken by X. Xxxxx under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of X. Xxxxx that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to X. Xxxxx failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that X. Xxxxx is in material compliance with this Settlement Agreement.

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