Considerations on COM(2016)362 - EU position concerning an amendment to Protocol 31 to the EEA Agreement (Budget Line 33.02.03.01-Company Law)

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dossier COM(2016)362 - EU position concerning an amendment to Protocol 31 to the EEA Agreement (Budget Line 33.02.03.01-Company Law).
document COM(2016)362 EN
date June  2, 2016
 
(1) The Agreement on the European Economic Area 3 ('the EEA Agreement') entered into force on 1 January 1994.

(2) Pursuant to Article 98 of the EEA Agreement, the EEA Joint Committee may decide to amend, inter alia, Protocol 31 to the EEA Agreement ('Protocol 31').

(3) Protocol 31 to the EEA Agreement contains provisions on cooperation in specific fields outside the four freedoms.

(4) It is appropriate to extend the cooperation of the Contracting Parties to the EEA Agreement in Union actions funded from the general budget of the European Union regarding company law.

(5) Protocol 31 to the EEA Agreement should therefore be amended in order to allow for this extended cooperation to take place from 1 January 2016.

(6) The position of the Union within the EEA Joint Committee should be based on the attached draft decision.