EC/Moldova Partnership and Cooperation Agreement

This proposal for a decision aimed to enable the conclusion of a partnership and cooperation agreement between the Community and its Member States and the Republic of Moldova. It was a mixed agreement covering areas of Community and national responsibility. It was concluded for an initial period of 10 years and included the following key elements: - establishment of political dialogue; - provisions concerning trade in goods, conditions relating to employment, establishment and the activities of companies, the cross-border provision of services, payments and capital, competition, the protection of intellectual, industrial and commercial property, legislative cooperation, economic and financial cooperation and cultural cooperation; - a conditionality clause on human rights, permitting the suspension of the agreement, even on a unilateral basis, in cases of violation of its key elements, including respect for democratic principles and human rights and the principles of the market economy; - management of the agreement through a three-fold structure: a cooperation council, a cooperation committee and a parliamentary cooperation committee; - prospect of the future creation of a free trade area. In 1998, the Council would assess the situation to determine whether or not the negotiations on such an area could begin; - provisions concerning customs cooperation in a separate protocol. This agreement replaced the economic and trade cooperation agreement concluded between the Community and the USSR in 1989 with regard to the precise interests of the Republic of Moldova. �