Mutual Recognition of Equivalence of Standards. Where regulatory compliance is required and where there is equivalence of outcomes, each Party shall accept the standards of the other Party as equivalent to its own corresponding standards.
Appears in 12 contracts
Samples: Closer Economic Partnership Agreement, Closer Economic Partnership Agreement, Closer Economic Partnership Agreement
Mutual Recognition of Equivalence of Standards. Where 1. If regulatory compliance is required and where if there is equivalence of outcomes, each Party shall accept give positive consideration to accepting the standards of the other Party as equivalent to its own corresponding standards.
2. A Party shall, on the request of the other Party, explain the reasons why it has not accepted a standard of the other Party as equivalent.
Appears in 2 contracts
Samples: Technical Barriers to Trade Agreement, Technical Barriers to Trade Agreement
