Industry. 1. There will be free movement of industrial goods free of any restrictions including customs and import taxes between the two sides, subject to each side's legislation. a. The Palestinian side has the right to employ various methods in encouraging and promoting the development of the Palestinian industry by way of providing grants, loans, research and development assistance and direct-tax benefits. The Palestinian side has also the right to employ other methods of encouraging industry resorted to in Israel. b. Both sides will exchange information about the methods employed by them in the encouragement of their respective industries. c. Indirect tax rebates or benefits and other subsidies to sales shall not be allowed in trade between the two sides. 3. Each side will do its best to avoid damage to the industry of the other side and will take into consideration the concerns of the other side in its industrial policy. 4. Both sides will cooperate in the prevention of deceptive practices, trade in goods which may endanger health, safety and the environment and in goods of expired validity. 5. Each side will take the necessary measures in the area under its jurisdiction to prevent damage which may be caused by its industry to the environment of the other side. 6. The Palestinians will have the right to export their industrial produce to external markets without restrictions, on the basis of certificates of origin issued by the Palestinian Authority. 7. The JEC will meet and review issues pertaining to this Article.
Appears in 7 contracts
Samples: Protocol on Economic Relations, Protocol on Economic Relations, Protocol on Economic Relations
