HAVING REGARD to the Cooperation Agreement between the Community and Egypt signed on 18 January 1977 , HAVING REGARD to the Agreement regarding International Trade in Textiles ( hereinafter referred to as 'the Geneva Arrangement'), and in particular Article 4 thereof, and to the conditions set out in the Protocol extending the Arrangement together with the Conclusions adopted on 22 December 1981 by the Textiles Committee , HAVE DECIDED to conclude this Agreement and to this end have designated as their Plenipotentiaries: THE COUNCIL OF THE EUROPEAN COMMUNITIES : THE GOVERNMENT OF THE ARAB REPUBLIC OF EGYPT : WHO HAVE AGREED AS FOLLOWS : SECTION I 3. Measures having equivalent effect to quantitative restrictions on the importation into the Community of the Trade Arrangements products covered by this Agreement shall be prohibited . Article 1 Article 2 1 . The parties recognize and confirm that , subject to the 1. This Agreement shall apply to trade in textile products provisions of this Agreement and without prejudice to their of cotton originating in Egypt which are listed in Annex I. rights and obligations under the General Agreement on Tariffs and Trade , the conduct of their mutual trade in textile 2. The classification of the products covered by this products shall be governed by the provisions of the Geneva Agreement in based on the nomenclature of the Common Arrangement . Customs Tariff and on the Nomenclature of Goods for the External Trade Statistics of the Community and the Statistics 2. In respect of the products covered by this Agreement , of Trade between Member States (NIMEXE ).