Common use of Trade Development Clause in Contracts

Trade Development. 1. The Parties undertake to develop, diversify and increase trade between them and to improve the competitiveness of their products on domestic, regional and international markets. Cooperation between the Parties towards this end shall aim at in particular strengthening capacity building in areas such as trade development strategies, optimisation of the potential for trade, including GSP preferences, competitiveness, promotion of technology transfer between enterprises, transparency of policies, laws and regulations, market information, institutional development as well as regional networking.

Trade Development. 1. The Parties undertake to develop, diversify and increase trade between them and to improve the competitiveness of their products on domestic, regional and international markets. Cooperation between the Parties towards this end shall aim at in particular strengthening capacity building in areas such as trade development strategies, optimisation opti­ misation of the potential for trade, including GSP preferences, competitivenesscompeti­ tiveness, promotion of technology transfer between enterprises, transparency trans­ parency of policies, laws and regulations, market information, institutional institu­ tional development as well as regional networking.