Development Cooperation. 1. The Parties commit to cooperating in order to implement this Agreement and to support the SACU Member States' and Mozambique's trade and development strategies within the overall SADC regional integration process. The cooperation may take both financial and non-financial forms. 2. The Parties recognise that development cooperation is a crucial element of their partnership and an essential factor for the achievement of the objectives of this Agreement as laid down in Article 1. Development finance cooperation for regional economic cooperation and integration, as provided for in PART III of Annex VII to this Agreement shall be carried out to support and promote the efforts of the SACU Member States and Mozambique to achieve the objectives and to maximise the expected benefits of this Agreement. Areas of cooperation and technical assistance are set out in this Agreement, as appropriate. Cooperation shall be implemented according to the modalities provided for in this Article. Such modalities shall be kept under ongoing review and shall be revised as necessary in accordance with the provisions of Article 115. 3. The UK shall support implementation of this Agreement through appropriate and effective UK funding mechanisms in consultation with the SACU Member States and Mozambique to contribute to implementing the programmes and projects to be developed under the areas of cooperation to be mutually identified. 4. The Parties agree to establish adequate joint institutional arrangements to effectively monitor the implementation of the development finance under this Agreement. Such arrangements shall include the establishment of a relevant technical committee. 5. The Parties agree that the institutional arrangements shall remain flexible to adapt to the evolving national and regional needs. 6. The UK undertakes to support, by means of its development policies and instruments, development cooperation activities for regional economic cooperation and integration and for the implementation of this Agreement in the SACU Member States and Mozambique and at regional level, in conformity with the principles of complementarity and aid effectiveness such as those contained in the Paris Declaration on Aid Effectiveness of 2005 and the Accra Agenda for Action of 2008. 7. The Parties recognise that adequate resources will be required for the implementation of this Agreement and the fullest achievement of its benefits. In this respect, the Parties shall cooperate to enable the SACU Member States and Mozambique to access other financial instruments as well as facilitate other donors willing to further support the efforts of the SACU Member States and Mozambique in achieving the objectives of this Agreement. 8. The Parties agree that a regional development financing mechanism such as an Economic Partnership Agreement ("EPA") fund would provide a useful instrument for efficiently channelling development financial resources and for implementing EPA accompanying measures. The UK agrees to support the efforts of the region to set up such a mechanism. The UK agrees to provide contributions to support the implementation of this Agreement.
Appears in 3 contracts
Samples: Economic Partnership Agreement, Economic Partnership Agreement, Economic Partnership Agreement
Development Cooperation. 1. The Parties commit to cooperating in order to implement this Agreement and to support the SACU Member StatesSADC EPA Statesâ' and Mozambique's trade and development strategies within the overall SADC regional integration process. The cooperation may take both financial and non-financial forms.
2. The Parties recognise that development cooperation is a crucial element of their partnership Partnership and an essential factor for the achievement of the objectives of this Agreement as laid down in Article 1. Development finance cooperation for regional economic cooperation and integration, as provided for in PART III of Annex VII to this Agreement the Cotonou Agreement, shall be carried out to support and promote the efforts of the SACU Member SADC EPA States and Mozambique to achieve the objectives and to maximise the expected benefits of this Agreement. Areas of cooperation and technical assistance are set out in this Agreement, as appropriate. Cooperation shall be implemented according to the modalities provided for in this Article. Such modalities shall be kept under ongoing review and shall be revised as necessary in accordance with the provisions of Article 115116.
3. The UK shall support EU (1) financing pertaining to development cooperation between the SADC EPA States and the EU supporting the implementation of this Agreement through appropriate shall be carried out within the framework of the rules and effective UK funding mechanisms relevant procedures provided for by the Cotonou Agreement, in consultation with particular the SACU Member States programming procedures of the European Development Fund, and Mozambique to contribute to implementing within the programmes and projects to framework of the relevant instruments financed by the General Budget of the Union. In this context, supporting the implementation of this Agreement shall be developed under the areas of cooperation to be mutually identifieda priority.
4. The Parties agree to establish adequate joint institutional arrangements to effectively monitor the implementation Member States of the development finance under this Agreement. Such arrangements shall include the establishment of a relevant technical committee.
5. The Parties agree that the institutional arrangements shall remain flexible to adapt to the evolving national and regional needs.
6. The UK undertakes European Union collectively undertake to support, by means of its their respective development policies and instruments, development cooperation activities for regional economic cooperation and integration and for the implementation of this Agreement in the SACU Member SADC EPA States and Mozambique and at regional level, in conformity with the principles of complementarity and aid effectiveness such as those contained in the Paris Declaration on Aid Effectiveness of 2005 and the Accra Agenda for Action of 2008.
75. The Parties recognise that adequate resources will be required for the implementation of this Agreement and the fullest achievement of its benefits. In this respect, the Parties shall cooperate to enable the SACU Member SADC EPA States and Mozambique to access other financial instruments as well as facilitate other donors willing to further support the efforts of the SACU Member SADC EPA States and Mozambique in achieving the objectives of this Agreement.
86. The Parties agree that a regional development financing mechanism such as an Economic Partnership Agreement ("EPA") EPA fund would provide a useful instrument for efficiently channelling development financial resources and for implementing EPA accompanying measures. The UK EU agrees to support the efforts of the region to set up such a mechanism. The UK agrees EU will contribute to provide contributions to support the implementation of fund following a satisfactory audit.
(1) The term "EU" used throughout this AgreementAgreement is defined in Article 104.
Appears in 2 contracts
Samples: Economic Partnership Agreement, Economic Partnership Agreement
Development Cooperation. 1. The Parties commit to cooperating in order to implement this Agreement and to support the SACU Member States' and Mozambique's trade and development strategies within the overall SADC regional integration process. The cooperation may take both financial and non-financial forms.
2. The Parties recognise that development cooperation is a crucial element of their partnership Partnership and an essential factor for in the achievement realisation of the objectives of this Agreement as laid down in Article 1. This cooperation can take financial and non-financial forms.
2. Development finance cooperation for regional economic cooperation and integration, as provided for in PART III of Annex VII to this Agreement integration shall be carried out to support and promote the efforts of the SACU Member States and Mozambique to achieve the objectives and so as to maximise the expected benefits of this Agreement. Areas of cooperation and technical assistance are set out in this Agreementout, as appropriate, in the individual Chapters of this Agreement. Cooperation shall be implemented according to the modalities provided for in this Article. Such modalities , shall be kept under ongoing review and shall be revised as necessary in accordance with according to the provisions of Article 115245 of this Agreement.
3. The UK shall support financing pertaining to development cooperation between CARIFORUM and the United Kingdom supporting the implementation of this Agreement through appropriate shall be guided by the internationally agreed aid effectiveness agenda, assessment of the Signatory CARIFORUM State’s commitment to the UK Partnership Principles, reducing poverty and effective UK funding mechanisms in consultation with achieving the SACU Member States Sustainable Development Goals, the Signatory CARIFORUM States’ national development strategies, and Mozambique to contribute to implementing the programmes and projects to CARIFORUM States’ most immediate development cooperation priorities. In this context, supporting the implementation of this Agreement shall be developed under one of the areas of cooperation to be mutually identifiedpriorities.
4. The Parties agree Commensurate with their respective roles and responsibilities, the United Kingdom andthe Signatory CARIFORUM States shall take all measures necessary to establish adequate joint institutional arrangements to effectively monitor ensure the implementation effective mobilisation, provision and utilisation of resources aimed at facilitating the development finance under cooperation activities provided for in this Agreement. Such arrangements shall include the establishment of a relevant technical committee.
5. The Parties agree that the institutional arrangements shall remain flexible to adapt to the evolving national and regional needs.
6. The UK United Kingdom undertakes to support, by means of its development policies and instruments, development cooperation activities for regional economic cooperation and integration and for the implementation of this Agreement in the SACU Member CARIFORUM States and Mozambique and at the regional level, in conformity accordance with the principles of complementarity and aid effectiveness such as those contained in the Paris Declaration on Aid Effectiveness of 2005 and the Accra Agenda for Action of 2008.
7principles. The Parties recognise that adequate resources will be required for recognize the importance of predictable financing to the effective implementation of this Agreement and the fullest achievement of its benefitsAgreement.
6. In this respect, the The Parties shall cooperate to enable facilitate the SACU Member States and Mozambique to access other financial instruments as well as facilitate participation of other donors willing to further support the cooperation activities referred to in paragraph 5 and the efforts of the SACU Member CARIFORUM States and Mozambique in achieving the objectives of this Agreement.
8. The Parties agree that a regional development financing mechanism such as an Economic Partnership Agreement ("EPA") fund would provide a useful instrument for efficiently channelling development financial resources and for implementing EPA accompanying measures. The UK agrees to support the efforts of the region to set up such a mechanism. The UK agrees to provide contributions to support the implementation of this Agreement.
Appears in 1 contract
Samples: Trade Partnership Agreement