Context and Objectives. 1. The Parties recognize that this Chapter enshrines a cooperative approach based on common values and interests, taking into account the differences in their levels of development. 2. The Parties recognize that it is not their intention in this Chapter to harmonize their labor standards, but to strengthen their trade relations and cooperation in a way that promotes sustainable development. 3. The objectives of this Chapter are to: (a) promote the common aspiration that free trade and investment should lead to job creation, and decent work, with terms and conditions of employment that adhere to the principles in International Labor Organization Declaration on Fundamental Principles and Rights at Work and its Follow-Up (1998) (hereinafter referred to as the "ILO Declaration"); (b) encourage and achieve better understanding of each Party's labor systems, sound labor policies and practices, and the improved capacity of each Party, including their relevant stakeholders, through increased cooperation and dialogue; (c) promote the improvement of working conditions within the respective Parties' territories and protect, enhance and enforce fundamental rights of workers; and (d) enable the discussion and exchange of views on labor issues of mutual interest without undermining the labor laws of each Party.
Appears in 10 contracts
Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement
