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Mexico - EC Cooperation Agreement (2001)
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For the purposes of this Agreement, 'the Parties shall mean, on the one hand, the Community or its Member States or the Community and its Member States, in accordance with their

Respective areas of competence, as derived from the Treaty establishing the European Community and, on the other hand, Mexico.

Article 56. Territorial Application

This Agreement shall apply to the territory in which the Treaty establishing the European Community is applied under the conditions laid down in that Treaty, on the one hand, and to the territory of the United Mexican States, on the other.

Article 57. Duration

1. This Agreement shall be valid for an indefinite period.

2. Either Party may denounce this Agreement by notifying the other Party. This Agreement shall cease to apply six months after the date of such notification.

Article 58. Fulfilment of Obligations

1. The Parties shall adopt any general or specific measure required for them to fulfil their obligations under this Agreement and shall ensure that they comply with the objectives laid down in the Agreement.

If either Party considers that the other Party has failed to fulfil an obligation under this Agreement, it may take appropriate measures. Before doing so, except in cases of special urgency, it must supply the Joint Council with all the relevant information required for a thorough examination of the situation, within 30 days, with a view to seeking a solution acceptable to the Parties.

In this selection of measures, priority must be given to those measures which least disturb the functioning of this Agreement. These measures shall be notified immediately to the Joint Council and shall be the subject of consultations in that Council, if the other Party so requests.

2. The Parties agree that the term 'cases of special urgency in paragraph 1 of this Article means a case of material breach of the Agreement by one of the Parties. A material breach of the Agreement consists of:

(a) repudiation of the Agreement not sanctioned by the general rules of international law;

(b) breach of the essential elements of the Agreement referred to in Article 1.

3. The Parties agree that the 'appropriate measures referred to in this Article are measures taken in accordance with international law. If a Party takes a measure in a case of special urgency as provided for under this Article, the other Party may ask that an urgent meeting be called to bring the Parties together within 15 days.

Article 59. Authentic Text

This Agreement is drawn up in duplicate in the Danish, Dutch, English, Finnish, French, German, Greek, Italian, Portuguese, Spanish and Swedish languages, each of these texts being equally authentic.

Article 60. Entry Into Force

1. This Agreement shall be approved by the Parties in accordance with their own procedures.

2. This Agreement shall enter into force on the first day of the month following the date on which the Parties notify each other of the completion of the procedures necessary for this purpose.

The application of Titles II and VI shall be suspended until the adoption by the Joint Council of the decisions provided in Articles 5, 6, 9, 10, 11 and 12.

3. Notification shall be sent to the Secretary-General of the Council of the European Union who shall be the depositary for the Agreement.

4. This Agreement shall replace the Framework Agreement for Cooperation between the European Community and Mexico signed on 26 April 1991 upon the date on which Titles II and VI become applicable, as provided for in paragraph 2.

5. Upon entry into force of the Agreement, any decisions adopted by the Joint Council established by the Interim Agreement on trade and trade related matters between the European Community and Mexico, signed on 8 December 1997, shall be deemed to have been adopted by the Joint Council established by Article 45.

Conclusion

Done at Brussels on the eighth day of December in the year one thousand nine hundred and ninety-seven.

For the Kingdom of Belgium. This signature also commits the French Community, the Flemish Community, the German-speaking Community, the Walloon Region, the Flemish Region and the Brussels-Capital Region.

For the Kingdom of Denmark

For the Federal Republic of Germany

For the Hellenic Republic

For the Kingdom of Spain

For the French Republic

For Ireland

For the Italian Republic

For the Grand Duchy of Luxembourg

For the Kingdom of Netherlands

For the Austrian Republic

For the Portuguese Republic

For the Republic of Finland

For the Kingdom of Sweden

For the United Kingdom of Great Britain and Northern Ireland

For the European Community

For the United Mexican States

Document

Name
Mexico - EC Cooperation Agreement (2001)
Treaty type
Other International Investment Agreements
Origin language
en

Dates and parties

Signed
27 Feb 2001
Entry into force
1 Mar 2001
Party ISO codes
EUMEX

Files

PDF of the text Original PDF

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