Common use of FUNCTIONS OF THE JOINT COMMITTEE Clause in Contracts

FUNCTIONS OF THE JOINT COMMITTEE. 1. The Joint Committee shall have the following functions: a) considering any matter related to the implementation and operation of this Agreement; b) supervising the work of all committees and other bodies established under this Agreement; c) considering ways to further enhance trade relations between the Parties; d) considering and recommending to the Parties any amendment to this Agreement; and e) taking other actions on any matter covered by this Agreement as the Parties may agree. 2. In the fulfilment of its functions, the Joint Committee may establish subsidiary bodies, including ad hoc bodies, and assign them with tasks on specific matters. The Joint Committee may, if necessary, decide to seek advice of third persons or groups. 3. Unless the Parties agree otherwise, the Joint Committee shall convene: a) in regular session every year, with such sessions to be held alternately in the territories of the Parties; and b) in special session within 30 days of the request of a Party, with such sessions to be held in the territory of the other Party or at such location as the Parties may agree. 4. The Joint Committee shall meet within 30 days of a Party giving an advance notice in accordance with Article 15.3 of this Agreement in order to discuss the implications of that action for the Parties and for any arrangement made under this Agreement. 5. All decisions of the Joint Committee, committees and other bodies established under this Agreement shall be taken by consensus of the Parties.