Partnership and Co-operation Agreement
The Partnership and Co-operation Agreement (PCA), in force since December 1997, provides a political, economic and cultural framework for relations between Russia and the EU. It is primarily concerned with promoting trade, investment and harmonious economic relations. Russian exports to the EU have very few restrictions, except for the steel sector. A replacement agreement has been under negotiations since 2008 and following that and WTO entry, a more detail agreement will be negotiated.
Read more about this topic: Russia–European Union Relations
Famous quotes containing the words partnership and/or agreement:
“Nevertheless, no school can work well for children if parents and teachers do not act in partnership on behalf of the childrens best interests. Parents have every right to understand what is happening to their children at school, and teachers have the responsibility to share that information without prejudicial judgment.... Such communication, which can only be in a childs interest, is not possible without mutual trust between parent and teacher.”
—Dorothy H. Cohen (20th century)
“A marriage based on full confidence, based on complete and unqualified frankness on both sides; they are not keeping anything back; theres no deception underneath it all. If I might so put it, its an agreement for the mutual forgiveness of sin.”
—Henrik Ibsen (18281906)