Objective and Scope. 1. This Agreement establishes a Political and Economic Association between the Parties, based on reciprocity, common interest and on the deepening of the relationship in all areas of application. 2. The Association is a process that will lead to a growing relationship and cooperation between the Parties structured around the bodies created in this Agreement. 3. This Agreement covers in particular the political, commercial, economic and financial, scientific, technological, social, cultural and cooperation fields. It may be extended to other areas to be agreed upon by the Parties. 4. In accordance with the objectives defined above, this Agreement provides for the following: (a) the enhancement of political dialogue on bilateral and international matters of mutual interest, which will be conducted through meetings at different levels; (b) the strengthening of cooperation in the political, commercial, economic and financial, scientific, technological, social, cultural and cooperation fields, as well as other areas of mutual interest; (c) the participation of each Party in the framework programmes, specific programmes and other activities of the other Party shall be upgraded, in so far as permitted by each Party's internal procedures governing access to the programmes and activities concerned, in accordance with Part III of this Agreement; and (d) the expansion and diversification of the Parties' bilateral trade relation in conformity with WTO provisions and with the specific objectives and provisions set out in Part IV of this Agreement.
Appears in 2 contracts
Samples: Association Agreement, Association Agreement
Objective and Scope. 1. This Agreement establishes a Political and Economic Association between the Parties, based on reciprocity, common interest and on the deepening of the relationship in all areas of application.
2. The Association is a process that will lead to a growing relationship and cooperation between the Parties structured around the bodies created in this Agreement.
3. This Agreement covers in particular the political, commercial, economic and financial, scientific, technological, social, cultural and cooperation fields. It may be extended to other areas to be agreed upon by the Parties.
4. In accordance with the objectives defined above, this Agreement provides for the following:
(a) the enhancement of political dialogue on bilateral and international matters of mutual interest, which will be conducted through meetings at different levels;
(b) the strengthening of cooperation in the political, commercial, economic and financial, scientific, technological, social, cultural and cooperation fields, as well as other areas of mutual interest;
(c) the participation of each Party in the framework programmes, specific programmes and other activities of the other Party shall be upgraded, in so far as permitted by each Party's βs internal procedures governing access to the programmes and activities concerned, in accordance with Part III of this Agreement; and
(d) the expansion and diversification of the Parties' β bilateral trade relation in conformity with WTO provisions and with the specific objectives and provisions set out in Part IV of this Agreement.
Appears in 2 contracts
Samples: Association Agreement, Political and Economic Association Agreement