VOL.XL

No.9

3-March-1997

PALESTINE

PalestinianAuthority And EU Sign Partnership Accord

On24 February Palestinian Authority (PA) President Yasir 'Arafat signed apartnership agreement with the European Union (EU) as part of theEuro-Mediterranean Basin Initiative, which aims to improve trade and increaseprosperity on the EU's southern borders. The accord allows for the progressivediminution in trade barriers between the EU and PA over five years. The PA thusbecomes the third Arab state (or...