Common use of Scope and General Provisions Clause in Contracts

Scope and General Provisions. 1. Articles 1 through 6 apply to legislative and other measures to prevent and combat bribery and corruption in any matters affecting international trade and investment. This Annex does not apply to conduct outside the jurisdiction of federal law and, to the extent that an obligation involves preventive measures, shall apply only to those measures covered by federal law governing federal, state, and local officials. 2. Each Party affirms its resolve to prevent and combat bribery and corruption in matters affecting international trade and investment. 3. Each Party recognizes the need to build integrity within both the public and private sectors and that each sector has complementary responsibilities in this regard. 4. Each Party recognizes the importance of regional and multilateral initiatives to prevent and combat bribery and corruption in matters affecting international trade and investment and commits to work jointly with the other Party to encourage and support appropriate initiatives to prevent and combat such bribery and corruption. 5. The Parties recognize that their respective competent anticorruption authorities have established working relationships in many bilateral and multilateral forums and that cooperation under this Annex can enhance the Parties’ joint efforts in those forums and help produce outcomes that prevent and combat bribery and corruption in matters affecting international trade and investment. 6. Each Party affirms obligations it has under the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, done at Paris, December 19, 1997; the United Nations Convention against Corruption, done at New York, October 31, 2003; and the Inter-American Convention Against Corruption, done at Caracas, March 29, 1996.

Appears in 2 contracts

Samples: Protocol to the Agreement on Trade and Economic Cooperation, Protocol to the Agreement on Trade and Economic Cooperation

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