Most. favoured‑nation treatment 1. The Parties shall grant each other most‑favoured‑nation treatment in their trade in accordance with the 1994 General Agreement on Tariffs and Trade. 2. The most‑favoured‑nation treatment provided for in paragraph 1 shall not apply to preferences granted by either Party under any arrangement pursuant to agreements establishing a customs union, a free‑trade area or an equivalent area of preferential treatment.
Appears in 3 contracts
Samples: Cooperation Agreement, Cooperation Agreement, Cooperation Agreement
Most. favoured‑nation favoured-nation treatment
1. The Parties shall grant each other most‑favoured‑nation most-favoured-nation treatment in their trade in accordance with the 1994 General Agreement on Tariffs and Trade.
2. The most‑favoured‑nation most-favoured-nation treatment provided for in paragraph 1 shall not apply to preferences granted by either Party under any arrangement pursuant to agreements establishing a customs union, a free‑trade free-trade area or an equivalent area of preferential treatment.
Appears in 1 contract
Samples: Cooperation Agreement
