BACKGROUND TO THE AGREEMENTS Sample Clauses

BACKGROUND TO THE AGREEMENTS. For many years prior to 1960 a conflict had existed both between the National Party and the Labour Party, and within the ranks of the Labour Party itself, concerning the development of the manufacturing industry in New Zealand. The National Party and some members of the Labour Party favoured the encouragement of efficient and economic industries. A decline in terms of trade in the latter half of the 1950s, however, convinced many members of the Labour Party of the need to provide protection to encourage industrial development ‘in depth’. In its election programme in 1957 the Labour Party stood by a policy of protection through import control, and the National Party by a policy of protection through tariff control. The Labour Party won the election and the new government introduced wide- ranging import controls. The Minister of Industries and Commerce, the Xxx. X. X. Xxxxxxxx, and the Minister of Finance, the Xxx. X. X. Xxxxxxxxx, key members of the Cabinet Economic Committee, and Xx X. X. Xxxxx, a key figure in the officials’ committee which advised the economic committee, and Secretary of the Department of Industries and Commerce, were the architects of the new policy of “industrialis­ ation in depth” — Xx Xxxxxxxxx because of necessity, Xx Xxxxxxxx and Xx Xxxxx because they believed in the policy for its own sake. Xx Xxxxx said:2 “New Zealand faces the alternatives of rapid substantial industrial development or slowly falling living standards”. In 1958 the renegotiation of the Ottawa Agreement reduced the quantity of goods imported from the United Kingdom on favoured terms, and a trade agreement with Japan gave that country most-favoured-nation status but allowed easy access only for goods which offered no threat of serious damage to New Zealand industries. In that year the Cabinet Economic Committee instructed the Department to formulate a philosophy for future industrial development. In the pre-election campaign of 1960 “industrialisation in depth” was one of the Labour Party’s major planks.3 In June 1960 the government organised an Industrial Development Conference. The government’s attitude was clear.4 It is the Government’s aim to encourage the development of industries which can process New Zealand or imported raw materials in their crudest form through to their most finished stage.
Sample 1
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BACKGROUND TO THE AGREEMENTS. While New Zealand and Chinese Taipei do not enjoy formal diplomatic relations, New Zealand’s one China policy allows the full pursuit of trade, economic and cultural links with Chinese Taipei. Accordingly, Chinese Taipei has for a number of years been an important market for New Zealand goods and services exporters. Its import regime, like a number of others in North Asia, was heavily protected against imports of agricultural, fisheries and forestry products. Major liberalisation occurred in 2001 when Chinese Taipei joined the WTO as the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu. Over the years considerable work has been done analysing the potential impact of a bilateral trade liberalisation agreement and assessing potential interest in such an agreement from the Chinese Taipei authorities. In the meantime New Zealand has negotiated a Free Trade Agreement with China and a Closer Economic Partnership with Hong Kong.
Sample 1

Related to BACKGROUND TO THE AGREEMENTS

  • PARTIES TO THE AGREEMENT ‌ The parties to the Agreement (hereinafter "Party" or "Parties") are:

  • Copies of the Agreement The Employer and the Union desire all parties to be familiar with the provisions of this Agreement and the rights and obligations under it. For this reason, the parties shall share equally the cost of printing and distribute sufficient copies of this Agreement to all parties. Where required the parties shall co-operate in making the agreement accessible.

  • Annexes to the Agreement The Annexes to this Agreement shall form an integral part thereof.

  • Modifications to the Agreement This Agreement constitutes the entire understanding of the parties on the subjects covered. The Employee expressly warrants that he or she is not executing this Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company.

  • Changes to the Agreement XOOM may make changes to any term or condition in this Agreement at any time except for the electricity price. We will notify you of any material change to the Agreement in writing at least forty- five (45) days before any such change be applied to your bill or take effect. If you do not terminate the Agreement before the effective date of the change, the change will become effective on the date stated in the notice. Notwithstanding any other provision in this Agreement, XOOM reserves the right to change the electricity price in this Agreement upon the occurrence of any event beyond XOOM’s reasonable control that increases our obligations or the cost of performing such obligations under this Agreement. If we request such a change, XOOM will provide you notice of the changed price and you will have an opportunity to terminate this Agreement without any further obligation by notifying us in writing within fifteen (15) days after receiving notice of the new price, in which case your electricity supply service will terminate effective as of the next meter read date after expiration of the required notice period. You will remain responsible for any unpaid balance as of the termination date but we will not assess the Cost Recovery Fee. Moving: When moving to an address within your Local Utility’s service territory, XOOM will make every effort to transfer your service to your new service address when you move to an address within your Local Utility’s service territory, provided that you notify XOOM within fifteen (15) days of your move. If a transfer of service is not successful or you move to a location outside your Local Utility’s service territory, you may cancel this Agreement at no cost to you. Failure to notify XOOM of your move will be considered a cancellation of this Agreement in accordance with its terms.

  • Terminating the Agreement With reasonable cause, either Client or Contractor may terminate this Agreement, effective immediately upon giving written notice. Reasonable cause includes: A material violation of this Agreement; Any act exposing the other party to liability to others for personal injury or property damage; or Either party terminating this Agreement at any time by giving days' written notice to the other party of the intent to terminate.

  • VARIATIONS TO THE AGREEMENT 12.1. Company reserves the right from time to time to vary the Agreement as follows:

  • Terms of the Agreement Each Party shall treat the terms of this Agreement as the Confidential Information of other Party, subject to the exceptions set forth in Section 7.2. Notwithstanding the foregoing, each Party acknowledges that the other Party may be obligated to file a copy of this Agreement with the SEC, either as of the Effective Date or at some point during the Term. Each Party shall be entitled to make such a required filing, provided that it requests confidential treatment of certain commercial terms and sensitive technical terms hereof to the extent such confidential treatment is reasonably available to it. In the event of any such filing, the filing Party shall provide the other Party with a copy of the Agreement marked to show provisions for which the filing Party intends to seek confidential treatment and shall reasonably consider and incorporate the other Party’s comments thereon to the extent consistent with the legal requirements governing redaction of information from material agreements that must be publicly filed. The other Party shall promptly provide any such comments.

  • Amendment to the Agreement The Agreement is hereby amended as follows:

  • Amendments to the Agreement Except to the extent permitted by the Investment Company Act or the rules or regulations thereunder or pursuant to exemptive relief granted by the SEC, this Agreement may be amended by the parties only if such amendment, if material, is specifically approved by the vote of a majority of the outstanding voting securities of the Portfolio (unless such approval is not required by Section 15 of the Investment Company Act as interpreted by the SEC or its staff or unless the SEC has granted an exemption from such approval requirement) and by the vote of a majority of the Independent Trustees cast in person at a meeting called for the purpose of voting on such approval. The required shareholder approval shall be effective with respect to the Portfolio if a majority of the outstanding voting securities of the Portfolio vote to approve the amendment, notwithstanding that the amendment may not have been approved by a majority of the outstanding voting securities of any other Portfolio affected by the amendment or all the Portfolios of the Trust.

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