Common use of Free Trade Commission Clause in Contracts

Free Trade Commission. 1. The Parties hereby establish the Free Trade Commission, comprised of ministerial level officials of the Parties or their appointees with the same decision ability, as set out in Annex 11 (Free Trade Commission). 2. The Commission shall: (a) oversee the fulfillment and correct application of the provisions of this Agreement; (b) evaluate the achieved results in the application of this Agreement; (c) oversee the further elaboration of this Agreement; (d) seek to resolve disputes that may arise regarding the interpretation or application of this Agreement, in accordance with Chapter 15 (Dispute Settlement); (e) supervise the work of all Committees and Working Groups established under this Agreement and recommend appropriate actions; (f) consider and make decisions on issues referred to it by the Committees and Working Groups established under this Agreement or by either Party; (g) establish the amount of remuneration and expenses that will be paid to Panelists; and