Common use of JOINT COMMITTEE FOR THE ADMINISTRATION OF THE AGREEMENT Clause in Contracts

JOINT COMMITTEE FOR THE ADMINISTRATION OF THE AGREEMENT. 1. For the purpose of this Agreement, the Parties hereby establish a Joint Committee for the administration of this Agreement (hereinafter referred as Joint Committee). 2 2. This Joint Committee shall be composed of government representatives of both parties designated by their respective Governments. 3. The Joint Committee shall meet at such times, in such places and through such means as the Parties may agree. Meetings shall be held at least once a year, with alternating chairs between the Parties. 4. The Joint Committee shall have the following functions and responsibilities: a) Monitor the implementation and execution of this Agreement; b) Discuss and share opportunities for the expansion of mutual investment; c) Coordinate the implementation of the mutually agreed cooperation and facilitation agendas; d) Consult the private sector and civil society, when applicable, on their views on specific issues related to the work of the Joint Committee; and e) Resolve any issues or disputes concerning Parties investment in an amicable manner. 5. The Parties may establish ad hoc working groups, which shall meet jointly or separately from the Joint Committee. 6. The private sector may be invited to participate in the ad hoc working groups, whenever authorized by the Joint Committee. 7. The Joint Committee shall establish its own rules of procedure.

Appears in 5 contracts

Samples: Investment Cooperation and Facilitation Agreement, Investment Cooperation and Facilitation Agreement, Investment Cooperation and Facilitation Agreement

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JOINT COMMITTEE FOR THE ADMINISTRATION OF THE AGREEMENT. 1. For the purpose purposes of this Agreement, the Parties hereby establish a Joint Committee for the administration of this Agreement (hereinafter referred as "Joint Committee"). 2. 2. This The Joint Committee shall be composed of government representatives of both parties Parties designated by their respective Governments. 3. The Joint Committee shall meet at such times, in such places and through such means as the Parties may agree. Meetings shall be held at least once a year, with alternating chairs chairmanships between the Parties. 4. The Joint Committee shall have the following functions and responsibilities: a) Monitor Oversee the implementation and execution of this Agreement; b) Discuss investment-related issues and share disseminate opportunities for the expansion of mutual investment; c) Coordinate the implementation of the mutually agreed cooperation Agendas for Further Cooperation and facilitation agendasFacilitation, in conformity with Article 26; d) Consult with the private sector and civil society, when applicable, on their views on specific issues related to the work of the Joint Committee; and; e) Resolve Seek to address any issues or disputes differences concerning Parties investment investments of investors of a Party in an amicable manner; and f) Supplement the rules for arbitral dispute settlement between the Parties, if necessary. 5. The Parties may establish ad hoc working groups, which shall meet jointly or separately from the Joint Committee. 6. The private sector may be invited to participate in the ad hoc working groups, whenever authorized by the Joint Committee. 7. The Joint Committee shall establish its own rules of procedure.

Appears in 4 contracts

Samples: Cooperation and Facilitation Investment Agreement, Cooperation and Facilitation Investment Agreement, Cooperation and Facilitation Investment Agreement

JOINT COMMITTEE FOR THE ADMINISTRATION OF THE AGREEMENT. 1. For the purpose of this Agreement, the Parties hereby establish a Joint Committee for the administration of this Agreement (hereinafter referred as Joint Committee). 2. 2. This Joint Committee shall be composed of government representatives of both parties designated by their respective Governments. 3. The Joint Committee shall meet at such times, in such places and through such means as the Parties may agree. Meetings shall be held at least once a year, with alternating chairs between the Parties. 4. The Joint Committee shall have the following functions and responsibilities: a) Monitor the implementation and execution of this Agreement; b) Discuss and share opportunities for the expansion of mutual investment; c) Coordinate the implementation of the mutually agreed cooperation and facilitation agendas; d) Consult the private sector and civil society, when applicable, on their views on specific issues related to the work of the Joint Committee; and e) Resolve any issues or disputes concerning Parties Parties’ investment in an amicable manner. 5. The Parties may establish ad hoc working groups, which shall meet jointly or separately from the Joint Committee. 6. The private sector may be invited to participate in the ad hoc working groups, whenever authorized by the Joint Committee. 7. The Joint Committee shall establish its own rules of procedure.

Appears in 3 contracts

Samples: Investment Cooperation and Facilitation Agreement, Investment Cooperation and Facilitation Agreement, Investment Cooperation and Facilitation Agreement

JOINT COMMITTEE FOR THE ADMINISTRATION OF THE AGREEMENT. 1. For the purpose of this Agreement, the Parties hereby establish a Joint Committee for the administration of this Agreement (hereinafter referred as "Joint Committee"). 2. 2. This Joint Committee shall be composed of government representatives of both parties Parties designated by their respective Governments. 3. The Joint Committee shall meet at such times, in such places and through such means as the Parties may agree. Meetings shall be held at least once a year, with alternating chairs chairmanships between the Parties. 4. The Joint Committee shall have the following functions and responsibilities: a) Monitor Ensure the implementation and execution of this Agreement; b) Discuss and share disseminate opportunities for the expansion of mutual investment; c) Coordinate the implementation of the mutually agreed cooperation and facilitation agendasprograms; d) Consult with the private sector and civil society, when applicable, on their views on specific issues related to the work of the Joint Committee; and; e) Resolve Address any issues or disputes concerning Parties investment investments of investors of a Party in an amicable manner; f) Interpret the provisions of this Agreement with general and binding effect for the Parties and dispute resolution bodies recognized in this Agreement; and g) Supplement the rules for arbitral dispute settlement between the Parties, if necessary. 5. The Parties may establish ad hoc working groups, which shall meet jointly or separately from the Joint Committee. 6. The private sector may be invited to participate in the ad hoc working groups, whenever authorized by the Joint Committee. 7. The Joint Committee shall establish its own rules of procedure.

Appears in 1 contract

Samples: Cooperation and Investment Facilitation Agreement

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JOINT COMMITTEE FOR THE ADMINISTRATION OF THE AGREEMENT. 1. For the purpose of this Agreement, the Parties hereby establish a Joint Committee for the administration of this Agreement (hereinafter referred as "Joint Committee"). 2. 2. This Joint Committee shall be composed of government representatives of both parties Parties designated by their respective Governments. 3. The Joint Committee shall meet at such times, in such places and through such means as the Parties may agree. Meetings shall be held at least once a year, with alternating chairs chairmanships between the Parties. 4. The Joint Committee shall have the following functions and responsibilities: a) Monitor Supervise the implementation and execution of this Agreement; b) Discuss and share divulge opportunities for the expansion of mutual investment; c) Coordinate the implementation of the mutually agreed cooperation and facilitation agendas; d) Consult with the private sector and civil society, when applicable, on their views on specific issues related to the work of the Joint Committee; and; e) Resolve Seek to resolve any issues or disputes concerning Parties investment investments of investors of a Party in an amicable manner; and f) Supplement the rules for arbitral dispute settlement between the Parties. 5. For avoidance of any doubt and without prejudice to the foregoing and to its ability powers of any agencies or authorities legally constituted and established by the Parties to handle investment matters in their respective jurisdictions. 6. The Parties may establish ad hoc working groups, which shall meet jointly or separately from the Joint Committee. 67. The private sector may be invited to participate in the ad hoc working groups, whenever authorized by the Joint Committee. 78. The Joint Committee shall establish its own rules of procedure.

Appears in 1 contract

Samples: Cooperation and Investment Facilitation Agreement

JOINT COMMITTEE FOR THE ADMINISTRATION OF THE AGREEMENT. 1. For the purpose of this Agreement, the Parties hereby establish a Joint Committee for the administration of this Agreement (hereinafter referred as "Joint Committee"). 2. 2. This Joint Committee shall be composed of government representatives of both parties Parties designated by their respective Governments. 3. The Joint Committee shall meet at such times, in such places and through such means as the Parties may agree. Meetings shall be held at least once a year, with alternating chairs chairmanships between the Parties. 4. The Joint Committee shall have the following functions and responsibilities: a) Monitor Ensure the implementation and execution of this Agreement; b) Discuss and share disseminate opportunities for the expansion of mutual investment; c) Coordinate the implementation of the mutually agreed cooperation Agenda for Further Investment Cooperation and facilitation agendasFacilitation, in conformity with Article 26; d) Consult with the private sector and civil societyrelevant stakeholders, when applicable, views on their views on specific issues related to the work of the Joint Committee; and; e) Resolve Address any issues or disputes concerning Parties investment investments of investors of a Party in an amicable manner; and f) Supplement the rules for arbitral dispute settlement between the Parties, if necessary. 5. The Parties may establish ad hoc working groups, which shall meet jointly or separately from the Joint Committee. 6. The private sector may be invited to participate in the ad hoc working groups, whenever authorized by the Joint Committee. 7. The Joint Committee shall establish its own rules of procedure.

Appears in 1 contract

Samples: Cooperation and Facilitation Investment Agreement

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