Common use of Cooperation in Services Clause in Contracts

Cooperation in Services. 1. Recognizing the growing importance of services in the development and growth of their economies, and in compliance with the WTO General Agreement on Trade in Services (the "GATS") and within the bounds of their own fields of competence, the Parties will encourage the cooperation with each other in services sectors. 2. The Parties will determine the mutually beneficial sectors on which cooperation will concentrate. Cooperation will be aimed at promoting the productivity and competitiveness in services sector. 3. The Parties, considering the potential and capacities of their respective construction and construction related services shall explore opportunities of cooperation between their companies in Turkey and Malaysia, as well as in the third countries. 4. The Parties will encourage exchange of information on markets and activities in the respective fields between their private sectors.

Cooperation in Services. 1. Recognizing the growing importance of services in the development and growth of their economies, and in compliance with the WTO General Agreement on Trade in Services (the "“GATS"”) and within the bounds of their own fields of competence, the Parties will encourage the cooperation with each other in services sectors. 2. The Parties will determine the mutually beneficial sectors on which cooperation will concentrate. Cooperation will be aimed at promoting the productivity and competitiveness in services sector. 3. The Parties, considering the potential and capacities of their respective construction and construction related services shall explore opportunities of cooperation between their companies in Turkey and Malaysia, as well as in the third countries. 4. The Parties will encourage exchange of information on markets and activities in the respective fields between their private sectors.