2. the intention to establish close economic and political cooperation (more than mere cooperation); 3. the creation of administrative bodies responsible for the management of cooperation, responsible for making decisions involving the contracting parties; 4. Offering the most favoured treatments in the nation; 5) the creation of a special relationship between the EC and its partner; 6. Since 1995, the clause on respect for human rights and democratic principles has been systematically introduced and is an essential element of the agreement; This agreement underlines the strength of the partnership between the United Kingdom and Egypt and reflects our common goal of strengthening our cooperation on a number of important issues. This agreement is a clear signal of the UK`s ongoing commitment to our close bilateral relationship with Egypt and will help strengthen trade and investment relations in the future. The agreement will allow UK businesses and consumers to continue to enjoy preferential market access after the end of the transition period, which will help boost vital trade and investment. As the White Paper states, “the legal basis that should be invoked by the EU treaties would be to determine the EU” and the details of the agreement would be submitted to negotiations with the EU. Verhofstadt has previously described the proposal for an association agreement as an attempt to “bridge” the British government`s red lines with the principles of the European Union. It remains to be seen how the EU will react to the BRITISH government`s proposals and whether they will fulfil the positions and interests of both sides. At a meeting of the Committee on Foreign Affairs and Supplementary Legislation (EAAL) in January 2018, Dr. Tobias Lock of the University of Edinburgh described an association agreement as Norway`s “option” (membership of the European Economic Area) and the “Canada” option (the comprehensive economic and trade agreement negotiated chapter by chapter).
This is also evident in the graph presented by Michel Barnier to the Heads of State and Government at the European Council on 15 December 2017, which uses Ukraine as an example of the relations that a third country can maintain under an association agreement with the EU. In addition to these two policies, free trade agreements have been signed with other states and trading blocs, including Chile and South Africa. The UK does not yet know what its relationship with the EU will be after Brexit, whether it is a third state compared to the EU. In all Brexit scenarios, the UK government wants to negotiate a future deal with the EU. This is worth leaving the EU with or without a deal. These negotiations can only begin once the UK has left the EU and is a `third country`. Foreign Minister Dominic Raab welcomed the agreement and said: “We remain very optimistic about future development opportunities in Egypt and look forward to further growth under this agreement, which serves the interests of both the British and Egyptian economies. We [the European Parliament] believe that this is an association agreement under our Articles 8 and 217 treaties. On the one hand, it gives a great deal of flexibility, because an association agreement can be very narrow; They can, for example, be limited only to trade. In an association agreement, you can be very broad. You can also include foreign and security policy in foreign and security policy.