Common use of Main principles Clause in Contracts

Main principles. The main principle of operation of the SES is the assurance of free movement of goods, services, capital and labor across the borders of the member-states. The principle of free movement of goods provides for removing exclusions from the regime of free trade and lifting restrictions in reciprocal trade on the basis of the unification of customs tariffs, common customs tariff set on the basis of the state-members’ concerted techniques, measures of nontariff regulation, and application of instruments for regulating the trade in goods with third countries. The mechanisms of applying antidumping, compensating, special and protective measures in reciprocal trade will be replaced by uniform rules in the area of competition and subsidies. The principle of assuring the free movement of services provides for designing general rules and approaches for the full access to the market of services as well as to the suppliers of services within the SES and the pursuance of a concerted policy as to the access of third countries to the SES market of services and suppliers of services. The principle of assuring the free movement of capital provides for gradually lifting all restrictions on the movement of capital of the member-states within the SES and for pursuing a concerted policy with regard to the development of the capital market, provided the macroeconomic stability is ensured. The principle of assuring the free movement of labor provides for the unhindered movement of natural persons of the member-states within the SES and for formulating a concerted migration policy relative to third countries with allowance for the rules and principles of international law and the WTO. The principle of pursuing a concerted macroeconomic policy ensures the convergence of macroeconomic indicators, including the evening-up of domestic prices, primarily for energy sources, tariffs and services of natural monopolies. The principles of pursuing common policy relative to individual sectors provides for concluding sectoral agreements to refine the Agreement on the Establishment of the Single Economic Space. The SES will be established gradually with allowance for the opportunities of the different levels and pace of integration. The difference in the pace of integration means that each state independently determines the time of accession to one or another international agreement, which results in the difference of levels of integration when a member-state is at a disparate point of intergrative interaction. The difference in the level and pace of integration means that each member-state independently determines in what areas of integration or individual integration actions it takes part and to what extent. A state, as far as it is prepared, has the opportunity to accede to the international agreements that ensure the establishment and operation of the SES. In this case the state has to abide by a concerted consistency in acceding to the list of international agreements. For a state to accede to the international agreements effective within the framework of the SES, the consent of all the states parties to these international agreements is required. This rule applies to the operation of the main principles and terms of the SES defined in the present Concept. The transition from one stage of the SES establishment to another shall be made by those memberstates that performed in full all the actions stipulated in the previous stage of the Main Action Plan for the establishment of the Single Economic Space. The scope of advantages granted by the member-state to one another shall be determined by the agreements on the establishment of the SES, to which they are a party. Nonparticipation or partial participation of any member-state in individual areas of the development of integration or individual integrative actions shall not hinder the other member-state from executing the referred to individual areas of the development or integration or individual integrative actions. A much later time of accession of any member-state to individual areas of the development of integration or individual integrative actions does not change its status as a SES party. Taking account of the different integration degrees of the SES founding states (the Russian Federation and the Republic of Belarus – as a Union state, the Russian Federation, the Republic of Belarus and the Republic of Kazakhstan – as members of the Eurasian Economic Space), the period of the possible transition to a much higher level of integration will be determined by each member state independently. The completion of the establishment of a free trade area is a top-priority objective and basic stage of establishment of the SES. The SES is to be established with allowance for such principles as voluntary membership, mutual economic advantage, absence of discrimination, legal assurance, connexion of goals, responsibility for undertaken commitments, and transparency.

Appears in 14 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

AutoNDA by SimpleDocs

Main principles. The main principle of operation of the SES is the assurance of free movement of goods, services, capital and labor across the borders of the member-states. The principle of free movement of goods provides for removing exclusions from the regime of free trade and lifting restrictions in reciprocal trade on the basis of the unification of customs tariffs, common customs tariff set on the basis of the state-members’ concerted techniques, measures of nontariff regulation, and application of instruments for regulating the trade in goods with third countries. The mechanisms of applying antidumping, compensating, special and protective measures in reciprocal trade will be replaced by uniform rules in the area of competition and subsidies. The principle of assuring the free movement of services provides for designing general rules and approaches for the full access to the market of services as well as to the suppliers of services within the SES and the pursuance of a concerted policy as to the access of third countries to the SES market of services and suppliers of services. The principle of assuring the free movement of capital provides for gradually lifting all restrictions on the movement of capital of the member-states within the SES and for pursuing a concerted policy with regard to the development of the capital market, provided the macroeconomic stability is ensured. The principle of assuring the free movement of labor provides for the unhindered movement of natural persons of the member-states within the SES and for formulating a concerted migration policy relative to third countries with allowance for the rules and principles of international law and the WTO. The principle of pursuing a concerted macroeconomic policy ensures the convergence of macroeconomic indicators, including the evening-up of domestic prices, primarily for energy sources, tariffs and services of natural monopolies. monopolies The principles of pursuing common policy relative to individual sectors provides for concluding sectoral agreements to refine the Agreement on the Establishment of the Single Economic Space. The SES will be established gradually with allowance for the opportunities of the different levels and pace of integration. The difference in the pace of integration means that each state independently determines the time of accession to one or another international agreement, which results in the difference of levels of integration when a member-state is at a disparate point of intergrative interaction. The difference in the level and pace of integration means that each member-state independently determines in what areas of integration or individual integration actions it takes part and to what extent. A state, as far as it is prepared, has the opportunity to accede to the international agreements that ensure the establishment and operation of the SES. In this case the state has to abide by a concerted consistency in acceding to the list of international agreements. For a state to accede to the international agreements effective within the framework of the SES, the consent of all the states parties to these international agreements is required. This rule applies to the operation of the main principles and terms of the SES defined in the present Concept. The transition from one stage of the SES establishment to another shall be made by those memberstates member- states that performed in full all the actions stipulated in the previous stage of the Main Action Plan for the establishment of the Single Economic Space. The scope of advantages granted by the member-state to one another shall be determined by the agreements on the establishment of the SES, to which they are a party. Nonparticipation or partial participation of any member-state in individual areas of the development of integration or individual integrative actions shall not hinder the other member-state from executing the referred to individual areas of the development or integration or individual integrative actions. A much later time of accession of any member-state to individual areas of the development of integration or individual integrative actions does not change its status as a SES party. Taking account of the different integration degrees of the SES founding states (the Russian Federation and the Republic of Belarus – as a Union state, the Russian Federation, the Republic of Belarus and the Republic of Kazakhstan – as members of the Eurasian Economic Space), the period of the possible transition to a much higher level of integration will be determined by each member member- state independently. The completion of the establishment of a free trade area is a top-priority objective and basic stage of establishment of the SES. The SES is to be established with allowance for such principles as voluntary membership, mutual economic advantage, absence of discrimination, legal assurance, connexion of goals, responsibility for undertaken commitments, and transparency.

Appears in 1 contract

Samples: Free Trade Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!