Common use of Economic Assistance Clause in Contracts

Economic Assistance. 1. The policy of the Authority of assisting developing countries which suffer serious adverse effects on their export earnings or economies resulting from a reduction in the price of an affected mineral or in the volume of exports of that mineral, to the extent that such reduction is caused by activities in the Area, shall be based on the following principles:

Appears in 6 contracts

Samples: coast.noaa.gov, 1994 Agreement, Agreement

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