Common use of Resources and Financial Arrangements Clause in Contracts

Resources and Financial Arrangements. Recalling the need for significant mobilisation of resources from a variety of sources and the effective use of financing, the necessary resources for the implementation of cooperation shall be made available by the competent institutions and organisations as well as by the private sector of both Parties, subject to mutual agreement of the Parties, according to terms and conditions agreed on a project by project basis and taking into account the different levels of social and economic development of the Parties.

Resources and Financial Arrangements. Recalling the need for significant mobilisation of resources from a variety of sources and the effective use of financing, the necessary resources for the implementation of cooperation shall be made available by the competent institutions and organisations as well as by the private sector of both Parties, subject to mutual agreement of the Parties, according to terms and conditions agreed on a project by project-by-project basis and taking into account the different levels of social and economic development of the Parties.

Resources and Financial Arrangements. Recalling the need for significant mobilisation of resources from a variety of sources and the effective use of financing, the necessary resources for the implementation of cooperation shall be made available by the competent institutions and organisations as well as by the private sector of both Parties, subject to mutual agreement of the Parties, according to terms and conditions agreed on a project by project project­by­project basis and taking into account the different levels of social and economic development of the Parties.