欧文们现有公约将近期满了，必要再谈一个新公约。
Our current contract is about to expire, and we'll need to discuss a new one.
现有的京都议定书国际气候公约将于2012年期满失效。
The current climate treaty, the Kyoto Protocol, expires in 2012.
新公约删减了部分与现有计划相重叠的条款，它们涉及加强对成员国经济和预算政策的监督。
It removes the overlap with existing plans for closer scrutiny of members' economic and budgetary policies.
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