Common use of Economic Dialogue Clause in Contracts

Economic Dialogue. 1. The EU and the Republic of Moldova shall facilitate the process of economic reform by improving the under­ standing of the fundamentals of their respective economies. Cooperation between the Parties shall aim to promote economic policies pertinent to functioning market economies as well as the formulation and implementation of those economic policies. 2. The Republic of Moldova shall strive to establish a functioning market economy and to gradually approximate its policies to those of the EU, in accordance with the guiding principles of sound macroeconomic and fiscal policies, including central bank independence and price stability, sound public finances and a sustainable balance of payments. 1. To those ends, the Parties agree to cooperate in the following areas: (a) exchange of information on macroeconomic policies and structural reforms as well as on macroeconomic perform­ ance and prospects, and on strategies for economic development; (b) joint analysis of economic issues of mutual interest, including economic policy measures and the instruments for implementing them, such as methods for economic forecasting and elaboration of strategic policy documents, with a view to strengthening the policy-making of the Republic of Moldova in line with EU principles and practices; and (c) exchange of expertise in the macroeconomic and macrofinancial sphere, including public finances, financial sector developments and regulation, monetary and exchange rate policies and frameworks, external financial assistance, and economic statistics. 2. Cooperation will also include exchange of information concerning the principles and functioning of the European economic and monetary union. Article 26 A regular dialogue will take place on the issues covered by this Chapter. 1. Recognising the importance of an effective set of rules and practices in the areas of company law and corporate governance, as well as in accounting and auditing, for the creation of a fully-functioning market economy and for fostering trade, the Parties agree to cooperate: (a) on the protection of shareholders, creditors and other stakeholders in line with EU rules in this area; (b) on the introduction of relevant international standards at national level and gradual approximation of the rules of the Republic of Moldova with those of the EU in the field of accounting and auditing; and (c) on further development of corporate governance policy in line with international standards, as well as gradual approximation of the rules of the Republic of Moldova with the EU rules and recommendations in this area. 2. The relevant EU rules and recommendations are listed in Annex II to this Agreement. Article 28 The Parties will aim at sharing information and expertise on both existing systems and relevant new developments in those areas. In addition, the Parties will seek to improve information exchange between the business registers of Member States and the national register of companies of the Republic of Moldova. Article 29 A regular dialogue will take place on the issues covered by this Chapter. Article 00 Xxx Xxxxxxxx xx Xxxxxxx shall carry out approximation of its legislation to the EU acts and international instruments referred to in Annex II to this Agreement according to the provisions of that Annex.

Appears in 3 contracts

Samples: Association Agreement, Association Agreement, Association Agreement

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Economic Dialogue. 1. The EU and the Republic of Moldova shall facilitate the process of economic reform by improving the under­ standing of the fundamentals of their respective economies. Cooperation between the Parties shall aim to promote economic policies pertinent to functioning market economies as well as the formulation and implementation of those economic policies. 2. The Republic of Moldova shall strive to establish a functioning market economy and to gradually approximate its policies to those of the EU, in accordance with the guiding principles of sound macroeconomic and fiscal policies, including central bank independence and price stability, sound public finances and a sustainable balance of payments. 1. To those ends, the Parties agree to cooperate in the following areas: (a) exchange of information on macroeconomic policies and structural reforms as well as on macroeconomic perform­ ance and prospects, and on strategies for economic development; (b) joint analysis of economic issues of mutual interest, including economic policy measures and the instruments for implementing them, such as methods for economic forecasting and elaboration of strategic policy documents, with a view to strengthening the policy-making of the Republic of Moldova in line with EU principles and practices; and (c) exchange of expertise in the macroeconomic and macrofinancial sphere, including public finances, financial sector developments and regulation, monetary and exchange rate policies and frameworks, external financial assistance, and economic statistics. 2. Cooperation will also include exchange of information concerning the principles and functioning of the European economic and monetary union. Article 26 A a regular dialogue will take place on the issues covered by this Chapter. 1. Recognising the importance of an effective set of rules and practices in the areas of company law and corporate governance, as well as in accounting and auditing, for the creation of a fully-functioning market economy and for fostering trade, the Parties agree to cooperate: (a) on the protection of shareholders, creditors and other stakeholders in line with EU rules in this area; (b) on the introduction of relevant international standards at national level and gradual approximation of the rules of the Republic of Moldova with those of the EU in the field of accounting and auditing; and (c) on further development of corporate governance policy in line with international standards, as well as gradual approximation of the rules of the Republic of Moldova with the EU rules and recommendations in this area. 2. The relevant EU rules and recommendations are listed in Annex annex II to this Agreementagreement. Article 28 The Parties will aim at sharing information and expertise on both existing systems and relevant new developments in those areas. In addition, the Parties will seek to improve information exchange between the business registers of Member States and the national register of companies of the Republic of Moldova. Article 29 A a regular dialogue will take place on the issues covered by this Chapter. Article 00 Xxx Xxxxxxxx xx Xxxxxxx 30 The Republic of Moldova shall carry out approximation of its legislation to the EU acts and international instruments referred to in Annex annex II to this Agreement agreement according to the provisions of that Annexannex.

Appears in 1 contract

Samples: Association Agreement

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