But one sentence in 2.2 bothered me so much I had to comment on it. It said "In addition, the bilateral has provision for the EU Competent Authority, usually the National Aviation Authority (NAA) to conduct oversight of FAA approved repair stations (14 CFR 145) using the EASA Part 145 approvals as the baseline." Did I read that wrong? Do they actually have plans to turn over United States based repair facilities oversight to the EU and fore go the the FAA's control over US Based repair facilities?
FAA been do this for EASA approved FAR 145 AMOs since the inception of MIP-G (now superseded by MAG) for years. FAA does the inspections and recommends or otherwise to EASA.