Sentence:  Following the <WSD>AA</WSD>'s enactment in June 2004, some institutional reform took place with the aim of enhancing the competitiveness of Egyptian products. ... The <WSD>AA</WSD> reflected a long-term and a rather broadly defined consideration of economic and social development and the process of market transformation in Egypt. 
Meaning of the word marked with <WSD> tags:  (Association Agreement)|dot=: a treaty between the European Union, its member states and a non-EU country that creates a framework for cooperation between them.