Mining. The Parties, recognising that cooperation in the mining sector will contribute to the economic development, shall: (a) explore possibilities for the joint development of energy and mineral resources and cooperate in the improvement of technology on exploration and extraction of energy and mineral deposits, mine waste disposal and rehabilitation of closed mines; (b) encourage enhancement of trade and investment in the mining sector; (c) cooperate in the promotion of environmentally sound and socially responsible mineral development practices in sustainable management and optimum utilisation of mineral resources; (d) encourage exchange of information on issues related to the mining policy and technology; (e) promote and develop business alliances between the private sectors; and (f) conduct trainings, seminars, workshops and exchange of experts geared towards development and promotion of mining.
Appears in 5 contracts
Samples: Framework Agreement, Framework Agreement, Asean Korea Free Trade Agreement
