Bilateral Agreement in agricultural field between Lebanon and Iceland.

The purposes of this Agreement are to consolidate the relationship in agriculture field, to reduce customs tariffs on their agricultural products and to define requirements for products of origin. The Agreement is composed of 9 articles and 3 Annexes. Article 1 incorporates the Agreement to the Free Trade Convention between Lebanon and AFTA Countries. Article 2 specifies the renunciations and cessions in customs on agricultural products. Article 5 encourages the trade in agricultural products according to the agricultural policies in both Countries. Articles 6 and 7 invite to intensify the cooperation in health measures and plant health, according to the International Trade Organization. The remaining articles contain general provisions. Annex I contains the reduction and renunciation by Lebanon of customs tariffs on Iceland agricultural products. Annex II contains the reduction and renunciation by Iceland of customs tariffs on Lebanese agricultural products. Annex III contains the requirements and criteria for products of origin.