AVO and Seismic Attributes: Principles and Applications - by Thapar M.R.

By Thapar M.R.

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Extra info for AVO and Seismic Attributes: Principles and Applications - Course Notes

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Examples include adopting the EU's Common Agricultural Policy (CAP), as it evolves, and complying with EU environmental standards. The focus on the areas of overlap between the accession agenda and the day-to-day management of the economy leaves out however a number of reforms that will become increasingly important over time. These include (i) strengthening local government funding and administrative capacity, ensuring adequate delivery of public services such as education, health, and social assistance; and (ii) developing instruments of regional policy to address imbalances resulting from slower growth in rural areas and the restructuring of the oil shale industry in Northeast Estonia.

This replaced the earlier Trade and Cooperation agreement signed in 1992, and the FTAs signed with Finland and Sweden in 1992. That same year Estonia applied for EU membership. The following year (1996) Estonia concluded the more comprehensive Europe Agreement (EA), incorporating provisions on the political dialogue, and providing for a gradual and complete liberalization of trade and services, and in the free movement of workers and capital. The European Agreement came into force on February 1, 1998, following the completion of the ratification process.

The reforms in these two sectors call for careful sequencing, aiming at establishing credible strategies for harmonization. This should maximize the benefits for the Estonian population. The sequencing should aim at: Completing structural reforms in the agricultural sector. The challenge of trade integration is the greatest in the agricultural sector, since deepening trade integration with Northern Europe is of major importance for Estonian agriculture. At present, over two-thirds of Estonian agricultural and food exports are bound to markets to the east.

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