The main benefits from CEFTA 2006 Sample Clauses

The main benefits from CEFTA 2006. 1.1. Glavne koristi od CEFTA-e 2006 The Republic of Macedonia was the last country to accede the original CEFTA. The agreement for ex- tending and modernizing CEFTA was signed on 19 De- cember 2006 and the “new” agreement was called CEFTA 2006 for the purpose of terminological differ- entiation. This modern and comprehensive free trade agreement entered into force on 26 July 2007 for five Parties - Albania, Macedonia, Moldova, Montenegro and UNMIK/Kosovo, while for Croatia it entered into force on 22 August 2007, for Serbia on 24 October 2007 and for Bosnia and Herzegovina on 22 November 2007. Thus, full implementation of CEFTA 2006 start- ed at the end of 2007, according to the official report from the CEFTA web site (xxxx://xxx.xxxxxxxxxxxxx- xxx.xxx/, 2014). CEFTA 2006 consolidates 32 bilateral free trade agreements previously concluded among its signato- xxxx, representing an international framework for in- creased liberalization of trade in goods. The applica- tion of CEFTA 2006 is expected to cause a significant increase of trade exchange in the region, which in turn will result in increased competitive advantages. Mem- bership in CEFTA 2006 significantly contributes to the continuous efforts for strengthening the regional eco- nomic cooperation, further liberalization of foreign trade exchange, and continuation of activities for har- monization of trade rules with international standards (Mojsovska and Tosheva, 2011). CEFTA 2006 is a re- xxxx of the efforts for as urgent as possible economic approximation and consolidation of the SEE countries. Such aspirations, on one hand, and the unequal pro- xxxxx of different countries regarding integration in the global economic trends, imposed a need to relax the preconditions for acceding to the agreement. Novelty in CEFTA 2006 is the broadening of the agreement with new trade issues that were not regulated by the original CEFTA. The purpose of introducing new is- sues was to increase the economic cooperation among the countries/territories in the region, as well as to in- crease the processes of harmonization of their meas- ures with the international standards according to the CEFTA official web site (xxxx://xxx.xxxxx.xxx/). One of the main goals of CEFTA 2006 is to achieve substantial liberalization of trade among its members (Tosheva and Efremov, 2007). The Agreement provides full elimination of customs duties in the international trade of all signatories and for all industrial products not later than 31...
Sample 1
AutoNDA by SimpleDocs

Related to The main benefits from CEFTA 2006

  • Certain Benefits Executive will be eligible to participate in all employee benefit programs established by Employer that are applicable to management personnel such as medical, pension, disability and life insurance plans on a basis commensurate with Executive’s position and in accordance with Employer’s policies from time to time, but nothing herein shall require the adoption or maintenance of any such plan.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows: (a) The Manager shall (i) receive an annual cash base salary, payable not less frequently than semi-monthly, which is not less than the annualized cash base salary payable to Manager as of the Effective Date; (ii) be entitled to at least as favorable annual incentive award opportunity under the Company's annual incentive compensation plan as he did in the calendar year immediately prior to the year in which the Change of Control Event occurs; and (iii) be eligible to participate in all of the Company's long-term incentive compensation plans and programs on terms that are at least as favorable to the Manager as provided to the Manager in the four calendar years prior to the Effective Date. (b) The Manager shall be entitled to receive fringe benefits, employee benefits, and perquisites (including, but not limited to, vacation, medical, disability, dental, and life insurance benefits) which are at least as favorable to those made generally available as of the Effective Date to all of the Company's salaried managers as a group. In addition, the Manager shall be eligible to participate in the Company's Supplemental Retirement Income Program ("SRIP"). (c) Notwithstanding any other provision of this Agreement (whether in this Section 4, in Section 6, or elsewhere), (i) the Board of Directors may authorize an increase in the amount, duration, and nature of and/or the acceleration of any compensation or benefits payable under this Agreement, as well as waive or reduce the requirements for entitlement thereto and (ii) the Company may deduct from amounts otherwise payable to the Manager such amounts as it reasonably believes it is required to withhold for the payment of federal, state, and local taxes.

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Public Benefits ‌ 5.1 Developer to provide Public Benefits‌ The Developer must, at its cost and risk, provide the Public Benefits to the City in accordance with this document.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Distributions on Account of Separation from Service If and to the extent required to comply with Section 409A, no payment or benefit required to be paid under this Agreement on account of termination of the Executive’s employment shall be made unless and until the Executive incurs a “separation from service” within the meaning of Section 409A.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!