2E Record of understanding

Relating to the free trade agreement between the EFTA states and the Republic of Croatia

Article 14 and Annex VII

Intellectual Property

1. Under the EEA Agreement the EFTA States shall comply in their legislation with the substantive provisions of the European Patent Convention of 5 October 1973. It is the understanding of Iceland that the obligations under Article 14 and Annex VII do not differ in substance from the obligations under the EEA.

Annex III

Cumulation of origin

1. The EFTA States and Croatia agree to search or further improvements of the rules of origin, in particular the inclusion of Croatia into the European cumulation network, in order to expand and promote production and trade in the European region.