Common use of Services and Investment Clause in Contracts

Services and Investment. 1. The Parties recognize the growing importance of certain areas such as services and investments. In their efforts to gradually develop and broaden their co-operation, in particular in the context of the European integration, they will examine the possibility of achieving a progressive liberalization and mutual opening of their markets for investments and trade in services, taking into account relevant provisions of the General Agreement on Trade in Services.

Services and Investment. 1. The Contracting Parties recognize the growing importance of certain areas areas, such as services and investments. In their efforts to gradually develop and broaden their co-operation, in particular in the context of the European integration, they will examine co-operate with the possibility aim of achieving a progressive liberalization and mutual opening of their markets for investments and trade in services, taking into account relevant provisions of the General Agreement on Trade in Services.