Common use of Customs Clause in Contracts

Customs. 1. The Parties shall share their experience in and examine possibilities for simplifying import, export and other customs procedures, ensuring the transparency of customs and trade regulations, developing customs cooperation and effective assistance mechanisms, to seek convergence of views and joint action in the context of relevant international initiatives including trade facilitation. 2. The Parties will pay special attention to enhancing the security and safety of international trade, ensuring a balanced approach between trade facilitation and the fight against fraud and irregularities.

Customs. 1. The Parties shall share their experience in and examine possibilities for simplifying import, export and other customs procedures, ensuring the transparency of customs and trade regulations, developing customs cooperation and effective assistance mechanisms, With a view to seek convergence of views and joint action in the context of relevant international initiatives including trade facilitation. 2. The Parties will pay special attention to enhancing increasing the security and safety of international trade, trade and ensuring a balanced approach between trade facilitation and the fight against fraud and irregularities, the Parties shall share experience in, and examine possibilities with regard to: (a) simplifying import, export and other customs procedures; (b) establishing mutual administrative assistance mechanisms; (c) ensuring the transparency of customs and trade regulations; (d) developing customs cooperation; (e) seeking convergence of views and joint action in the context of relevant international initiatives, including trade facilitation.