Common use of Equivalence Clause in Contracts

Equivalence. 1. The Parties recognise that the application of equivalence in Article 4 of the SPS Agreement is an important tool for trade facilitation and has mutual benefits for both exporting and importing countries.

Equivalence. 1. The Parties recognise that the application of equivalence equivalence, as set out in Article 4 of the SPS Agreement Agreement, is an important tool for facilitating trade facilitation and has for the mutual benefits for both exporting and importing countriesbenefit of the Parties.

Equivalence. 1. The Parties recognise that the application of equivalence that principle set down in Article 4 of the SPS Agreement is an important tool for trade facilitation and has mutual benefits for both exporting and importing countriesParties. A determination of equivalence may be made in relation to partial or full equivalence of sanitary and phytosanitary measures and systems.

Equivalence. 1. The Parties recognise recognize that the application principle of equivalence in equivalence, as provided for under Article 4 of the SPS Agreement is an important tool for trade facilitation and Agreement, has mutual benefits for both exporting and importing countriesParties.

Equivalence. 1. The Parties recognise that the application of the equivalence principle set out in Article 4 of the SPS Agreement is an important tool for trade facilitation and has mutual benefits for both exporting and importing countries.