Common use of Private Sector Development Clause in Contracts

Private Sector Development. 1. The Parties, recognising the importance of private sector development for economic transformation and job creation, shall aim to promote entrepreneurship and to develop and improve the competitiveness of enterprises. Particular focus shall be given to MSMEs, including start-ups, particularly through the promotion of enabling legal, administrative and institutional frameworks, with a view to their successful integration into sustainable supply and value chains. Attention shall also be paid to the informal sector and to upgrading informal economic activities into formal ones, and to encouraging the integration of sustainability-related objectives in business models. The Parties further agree to support the development of entrepreneurship among women and youth in the context of their economic empowerment and the promotion of inclusive development. They affirm the importance of building regional and national capacities in order to improve competitiveness in medium and high-tech manufacturing. 2. The Parties shall promote public-private sector dialogue and cooperation, including through private-sector business forums. They shall strengthen cooperation for cross-fertilisation of experiences and dissemination of best practices that xxxxxx entrepreneurship, promote business-to- business dialogue and contacts, and stimulate transfers of skills and technology. 3. The Parties agree on the need to set up strategies and to develop better financial inclusion policies and appropriate legislation, and to improve access to finance and to financial and non- financial services, including through innovative financing mechanisms, with particular attention to the provision of affordable credit for family farmers, smallholders, MSMEs, women and youth entrepreneurs. 4. The Parties acknowledge that both public and private sources of finance play a key role in supporting private sector development, particularly through tools and mechanisms such as public-private partnerships (PPP) and blended finance, and in stimulating investment across relevant sectors, including infrastructure development. Accordingly, they shall cooperate to develop transparent and predictable frameworks and strategies for the use of PPPs, including strengthening institutional capabilities to negotiate, implement and monitor projects under a PPP arrangement.

Private Sector Development. 1. The Parties, recognising the importance of private sector development for economic transformation and job creation, shall aim to promote entrepreneurship and to develop and improve the competitiveness of enterprises. Particular A particular focus shall be given to MSMEs, including start-ups, particularly through the promotion of enabling legal, administrative and institutional frameworks, with a view to their successful integration into sustainable supply and value chains. Attention shall also be paid to the informal sector and to upgrading informal economic activities into formal ones, ones and to encouraging the integration of sustainability-related objectives in business models. The Parties further agree to support the development of entrepreneurship among women and youth in the context of their economic empowerment and the promotion of inclusive development. They affirm the importance of building regional and national capacities in order to improve competitiveness in medium and high-tech manufacturing. 2. The Parties shall promote public-private sector dialogue and cooperation, including through private-sector business forums. They shall strengthen cooperation for cross-fertilisation of experiences and dissemination of best practices that xxxxxx entrepreneurship, promote business-to- to-business dialogue and contacts, and stimulate transfers of skills and technology. 3. The Parties agree on the need to set up strategies and to develop better financial inclusion policies and appropriate legislation, and to improve access to finance and to financial and non- non-financial services, including through innovative financing mechanisms, with particular attention to the provision of affordable credit for family farmers, smallholders, MSMEs, women and youth entrepreneurs. 4. The Parties acknowledge that both public and private sources of finance play a key role in supporting private sector development, particularly through tools and mechanisms such as public-private partnerships (PPP) and blended finance, and in stimulating investment across relevant sectors, including infrastructure development. Accordingly, they shall cooperate to develop transparent and predictable frameworks and strategies for the use of PPPs, PPPs including strengthening institutional capabilities to negotiate, implement and monitor projects under a PPP arrangement.

Private Sector Development. 1. The Parties, recognising the importance of private sector development for economic transformation and job creation, shall aim to promote entrepreneurship and to develop and improve the competitiveness of enterprises. Particular A particular focus shall be given to MSMEs, including start-ups, particularly through the promotion of enabling legal, administrative and institutional frameworks, with a view to their successful integration into sustainable supply and value chains. Attention shall also be paid to the informal sector and to upgrading informal economic activities into formal ones, ones and to encouraging the integration of sustainability-related objectives in business models. The Parties further agree to support the development of entrepreneurship among women and youth in the context of their economic empowerment and the promotion of inclusive development. They affirm the importance of building regional and national capacities in order to improve competitiveness in medium and high-tech manufacturing. 2. The Parties shall promote public-private sector dialogue and cooperation, including through private-sector business forums. They shall strengthen cooperation for cross-cross- fertilisation of experiences and dissemination of best practices that xxxxxx entrepreneurship, promote business-to- to-business dialogue and contacts, and stimulate transfers of skills and technology. 3. The Parties agree on the need to set up strategies and to develop better financial inclusion policies and appropriate legislation, and to improve access to finance and to financial and non- non-financial services, including through innovative financing mechanisms, with particular attention to the provision of affordable credit for family farmers, smallholders, MSMEs, women and youth entrepreneurs. 4. The Parties acknowledge that both public and private sources of finance play a key role in supporting private sector development, particularly through tools and mechanisms such as public-private partnerships (PPP) and blended finance, and in stimulating investment across relevant sectors, including infrastructure development. Accordingly, they shall cooperate to develop transparent and predictable frameworks and strategies for the use of PPPs, PPPs including strengthening institutional capabilities to negotiate, implement and monitor projects under a PPP arrangement.

Private Sector Development. 1. The Parties, recognising the importance of private sector development for economic transformation and job creation, shall aim to promote entrepreneurship and to develop and improve the competitiveness of enterprises. Particular focus shall be given to MSMEs, including start-ups, particularly through the promotion of enabling legal, administrative and institutional frameworks, with a view to their successful integration into sustainable supply and value chains. Attention shall also be paid to the informal sector and to upgrading informal economic activities into formal ones, and to encouraging the integration of sustainability-related objectives in business models. The Parties further agree to support the development of entrepreneurship among women and youth in the context of their economic empowerment and the promotion of inclusive development. They affirm the importance of building regional and national capacities in order to improve competitiveness in medium and high-tech manufacturing. 2. The Parties shall promote public-private sector dialogue and cooperation, including through private-sector business forums. They shall strengthen cooperation for cross-fertilisation of experiences and dissemination of best practices that xxxxxx entrepreneurship, promote business-to- to business dialogue and contacts, and stimulate transfers of skills and technology. 3. The Parties agree on the need to set up strategies and to develop better financial inclusion policies and appropriate legislation, and to improve access to finance and to financial and non- non financial services, including through innovative financing mechanisms, with particular attention to the provision of affordable credit for family farmers, smallholders, MSMEs, women and youth entrepreneurs. 4. The Parties acknowledge that both public and private sources of finance play a key role in supporting private sector development, particularly through tools and mechanisms such as public-private partnerships (PPP) and blended finance, and in stimulating investment across relevant sectors, including infrastructure development. Accordingly, they shall cooperate to develop transparent and predictable frameworks and strategies for the use of PPPs, including strengthening institutional capabilities to negotiate, implement and monitor projects under a PPP arrangement.