The main objective of the agreement is to promote peace and stability in Bosnia and Herzegovina and to promote regional balance in and around the former Yugoslavia (Article V, Annex 1-B), i.e. from a regional perspective.  In order to integrate ethnic groups and prevent the resurgence of conflicts, a Parliamentary Assembly consisting of two houses was created: the House of the People, composed of 15 delegates, 2/3 from the Federation and 1/3 from the Republika Srpska, where each delegate should be elected in his or her respective region of origin. and the House of Representatives, composed of 42 members, 2/3 elected from the Federation and 1/3 from the Republika Srpska. Decisions on national legislation must be accepted by both chambers. In addition, the agreement was that the country`s presidency would consist of three members, a Bosnian, a Croat and a Serb – the first two elected by the Federation and the third by the Republika Srpska (1995 Dayton Accords). The general framework agreement of 11 annexes was officially signed on 14th December in Paris by the parties and witnesses of President Clinton, French President Jacques Chirac, British Prime Minister John Major, German Chancellor Helmut Kohl and Russian Prime Minister Viktor Chernomyrdin. The agreement called on Bosnia and Herzegovina, Croatia and the Federal Republic of Yugoslavia to agree to fully respect sovereign equality and settle disputes by peaceful means. In addition, the parties agreed to fully respect human rights and the rights of refugees and displaced persons.  Twenty-four years after the Dayton Peace Agreement ended the war in Bosnia and Herzegovina, the agreement is considered an „expired peace agreement“ in the country. This was one of the first cases where the Court of Justice had to address the question of the legal nature of the Constitution. By commenting in the type of obiter dictum concerning Annex IV (of the Constitution) and the rest of the peace agreement, the Court effectively created „the ground for the legal unity“ of the peace agreement as a whole, which also implies that all annexes are in hierarchical equality.
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