Common use of Risk Management Clause in Contracts

Risk Management. 1. Each Party shall adopt or maintain a risk management system for customs control. 2. Each Party shall design and apply risk management in a manner as to avoid arbitrary or unjustifiable discrimination, or disguised restrictions to international trade. 3. Each Party shall concentrate customs control and other relevant border controls on high-risk consignments and shall expedite the release of low-risk consignments. Each Party may also select consignments for such controls on a random basis as part of its risk management. 4. Each Party shall base risk management on assessment of risk through appropriate selectivity criteria.

Risk Management. 1. Each Party shall adopt or maintain a risk management system using electronic data-processing techniques for customs controlcontrol that enables its customs authority to focus its inspection activities on high-risk consignments and expedite the release of low-risk consignments. 2. Each Party shall design and apply risk management in a manner so as to avoid arbitrary or unjustifiable discrimination, or disguised restrictions to international trade. 3. Each Party shall concentrate customs control and other relevant border controls on high-risk consignments and shall expedite the release of low-risk consignments. Each Party may also select consignments for such controls on a random basis as part of its risk management. 4. Each Party shall base risk management on assessment of risk through appropriate selectivity criteria. 4. Each Party may select, on a random basis, consignments for inspection activities referred to in paragraph 1 as part of its risk management. 5. In order to facilitate trade, each Party shall periodically review and update, as appropriate, the risk management system referred to in paragraph 1.

Risk Management. 1. Each Party shall adopt or maintain a risk management system for that enables its customs controlauthority to concentrate inspection activities on high-risk consignments and that expedites the release of low-risk consignments. 2. Each Party shall base risk management on assessment of risk through appropriate selectivity criteria. 3. A Party may also select, on a random basis, consignments for inspection activities referred to in paragraph 1 as part of its risk management. 4. Each Party shall design and apply risk management in a manner as to avoid arbitrary or unjustifiable discrimination, or disguised restrictions to international trade. 3. Each Party shall concentrate customs control and other relevant border controls on high-risk consignments and shall expedite the release of low-risk consignments. Each Party may also select consignments for such controls on a random basis as part of its risk management. 4. Each Party shall base risk management on assessment of risk through appropriate selectivity criteria.

Risk Management. 1. Each Party shall adopt or maintain a risk management system for customs controlcontrol that enables its customs authority to focus its inspection activities on high-risk consignments and expedite the release of low-risk consignments. 2. Each Party shall design and apply risk management in a manner as to avoid arbitrary or unjustifiable discrimination, or disguised restrictions to international trade. 3. Each Party shall concentrate customs control and other relevant border controls on high-risk consignments and shall expedite the release of low-risk consignments. Each Party may also select consignments for such controls on a random basis as part of its risk management. 4. Each Party shall base risk management on assessment of risk through appropriate selectivity criteria. 4. Each Party may also select, on a random basis, consignments for inspection activities referred to in paragraph 1 as part of its risk management. 5. In order to facilitate trade, each Party shall periodically review and update, as appropriate, the risk management system specified in paragraph 1.

Risk Management. 1. Each Party shall adopt or maintain a risk management system for customs control. 2. Each Party shall design and apply risk management in a manner so as to avoid arbitrary or unjustifiable discrimination, or disguised restrictions to on international trade. 3. Each Party shall concentrate customs control and other relevant border controls on high-risk consignments and shall expedite the release of low-risk consignments. Each Party may also select consignments for such controls on a random basis as part of its risk management. 4. Each Party shall base risk management on assessment of risk through appropriate selectivity criteria.

Risk Management. 1Each Party shall use risk management to determine control measures with a view to facilitating legitimate trade, and expediting customs clearance and release of goods. Each Party shall adopt or maintain a risk management system for administer customs control. 2. Each Party shall design and apply risk management in a manner procedures so as to avoid arbitrary or unjustifiable discrimination, or disguised restrictions to international trade. 3. Each Party shall concentrate customs control expedite the clearance of low-risk goods and other relevant border controls focus on high-risk consignments and shall expedite the release of low-risk consignments. Each Party may also select consignments for such controls on a random basis as part of its risk managementgoods. 4. Each Party shall base risk management on assessment of risk through appropriate selectivity criteria.

Risk Management. 1. Each Party shall adopt or maintain a risk risk-management system for customs controlcontrol that enables its customs authorities to focus their inspection activities on high-risk consignments and expedite the release of low-risk consignments. 2. Each Party shall design and apply risk management in a manner as to avoid arbitrary or unjustifiable discrimination, or disguised restrictions to international trade. 3. Each Party shall concentrate customs control and other relevant border controls base risk management on high-the assessment of risk consignments and shall expedite the release of low-risk consignmentsthrough appropriate selectivity criteria. 4. Each Party may also select consignments for such controls select, on a random basis basis, consignments for customs controls as part of its risk management. 45. Each In order to facilitate trade, each Party shall base risk periodically review and update, as appropriate, the risk-management on assessment of risk through appropriate selectivity criteriasystem referred to in paragraph 1.