Common use of Trade and market development Clause in Contracts

Trade and market development. 1. The Parties shall encourage trade and investment in European and Korean satellite navigation infrastructure, equipment, GALILEO local elements and applications. 2. To this end, the Parties shall make an effort to raise the level of public awareness concerning the GALILEO satellite navigation activities, identify potential barriers to growth in GNSS applications and take appropriate measures to facilitate this growth. 3. To identify and respond effectively to user needs the Parties shall consider establishing a joint GNSS user forum. 4. This Agreement shall not affect the rights and obligations of the Parties under the Marrakech Agreement establishing the World Trade Organization.

Trade and market development. 1. The Parties shall encourage trade and investment in European and Korean satellite navigation infrastructure, equipment, GALILEO Galileo local elements and applications. 2. To this end, the Parties shall make an effort to raise the level of public awareness concerning the GALILEO Galileo satellite navigation navi- gation activities, identify potential barriers to growth in GNSS applications and take appropriate measures to facilitate this growth. 3. To identify and respond effectively to user needs the Parties shall consider establishing a joint GNSS user forum. 4. This Agreement shall not affect the rights and obligations of the Parties under the Marrakech Agreement establishing the World Trade OrganizationOrganisation.