Common use of Political dialogue Clause in Contracts

Political dialogue. 1. A regular political dialogue, based on shared values and aspirations, will be established between the Republic of Korea and the European Union. This dialogue will take place in accordance with the procedures agreed between the Republic of Korea and the European Union. 2. The political dialogue will aim to: a) underline the Parties' commitment to democracy and respect for human rights and fundamental freedoms; b) promote peaceful solutions to international or regional conflicts and the strengthening of the United Nations and other international organisations; c) enhance policy consultations on international security matters such as arms control and disarmament, non-proliferation of weapons of mass-destruction, and the international transfer of conventional weapons; d) reflect on major international issues of common interest by increasing the exchange of relevant information both between the two parties and within international fora; e) enhance consultations on issues of particular interest to the countries of the Asia-Pacific and European regions, for the promotion of peace, stability and prosperity in both regions. 3. Dialogue between the Parties will take place through contacts, exchanges and consultations, particularly in the following forms: a) summit meetings at leaders' level will be held whenever the Parties deem it necessary; b) annual consultations at ministerial level will be held wherever the Parties agree; c) briefings on major foreign and domestic developments at senior officials' level; d) sectoral dialogues on issues of common interest; e) exchanges of delegations between the European Parliament and the National Assembly of the Republic of Korea.