2009-11-13 17:57:03 -

The European Commission and Iraq today successfully finalized negotiations on the text of a Partnership and Cooperation Agreement between the EU and the Republic of Iraq. The agreement establishes a comprehensive platform for enhancing ties and cooperation in a wide range of areas: from political matters such as countering terrorism and promoting human rights, to trade and investment in key areas such as energy and services.

"This Agreement marks a new beginning in our relationship," said External Relations Commissioner Benita Ferrero-Waldner. "The negotiation process itself underlined our determination to play a significant role in Iraq’s transition and to help Iraq improve the living conditions for all its citizens. For the first time we will have a contractual relationship with the new

Iraq. There are many things we want to do together in order to increase political and economic stability as well as social welfare in Iraq. With this Agreement, I hope that we will build a very fruitful partnership for many years to come." And she added: "I am looking forward to a speedy approval process by the EU Member States and Iraqi government so this Agreement can enter into force and the full potential of this agreement can be implemented soon."

Since negotiations were launched in November 2006, the draft EU-Iraq Partnership and Cooperation Agreement has grown in both scope and ambition. It provides for regular political dialogue on bilateral, regional and global issues wherever the EU and Iraq have a shared interest in working together. Its will also improve and clarify the trade arrangements between Iraq and the EU, in order to promote vital investment and to help integrate Iraq into the international economy. It also sets out a framework for continuing cooperation in many areas, from health and education to environment and energy.

The European Union keeps its commitments to Iraq. This commitment is also reflected in over 900 million euros already contributed by the European Commission towards the reconstruction of Iraq since 2003, with a focus on assisting the Iraqi people in accessing basic services, furthering democracy, and promoting good governance.

The agreed text will now be presented to EU Member States who will have to agree to its signature.



Delegation of the European Commission to the United StatesPress

Contacts:Anthony Smallwood, 202-862-9523orKasper
Zeuthen, 202-862-9530