Abstract
This article presents the research results on Mutual Recognition Agreement effect on the volume of exports – imports of the countries (parties) in the context of the EU – Israel Mutual Recognition Agreement. The authors used the Chow test to obtain the results. The article shows that there is no good reason to believe that Mutual Recognition Agreements boost the volume of mutual trade, at least, of pharmaceutical products. In other words, Mutual Recognition Agreements do not contribute to the growth in the number of exporters. It is concluded that the primary effect of such agreements is to facilitate conformity assessment procedures.
Highlights
As in any other area, there are stable stereotypes in the area of technical regulation (Aronov et al, 2019)
Mutual Recognition Agreements on results of conformity assessment between states are based on Article 6.1 of the WTO Agreement on Technical Barriers to Trade (TBT Agreement), according to which the WTO Members “shall ensure, whenever possible, that results of conformity assessment procedures in other Members are accepted, even when those procedures differ from their own, provided they are satisfied that those procedures offer an assurance of conformity with applicable technical regulations or standards equivalent to their own procedures”
Objectives of the Research This article presents the research results on the effect of Mutual Recognition Agreements on the volume of exports-imports of the countries in the context of the European Union (EU)-Israel Mutual Recognition Agreement (Protocol to the Euro-Mediterranean Agreement establishing an association between the European Communities and their Member States, of the one part, and the State of Israel, of the other part, on Conformity Assessment and Acceptance of Industrial Products (CAA), 2013)
Summary
As in any other area, there are stable stereotypes in the area of technical regulation (Aronov et al, 2019) They include, inter alia, the mythologization of intergovernmental Mutual Recognition. Bilateral intergovernmental MRAs are legally binding agreements between two countries, which enable to conduct conformity assessment (testing, inspection, certification) of goods intended to export to the market of another party in the exporting country (country of origin). Regulatory authorities of both parties of the MRA must accept test reports and certificates, issued by those conformity assessment bodies, which both parties consider as competent to assess compliance with mandatory (regulatory) requirements of the other party. Strengthening of trust between the two parties becomes more complex when technical requirements and generic regulatory approach are significantly different
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