TRADE FINANCING. 1. The Joint Council will periodically review trade financing between the Member States of CARICOM and Colombia and recommend those mechanisms which may be implemented to facilitate this. 2. The Parties recognise the importance of timely payments for the development of trade and undertake to ensure that neither Colombia nor any Member State of CARICOM will establish undue impediments to the prompt payment for goods traded pursuant to this Agreement.
Appears in 5 contracts
Samples: Trade Agreement, Partial Scope Agreement, Trade, Economic and Technical Cooperation Agreement
TRADE FINANCING. 1. The Joint Council will periodically review trade financing between the Member States of CARICOM and Colombia and recommend those mechanisms which may be implemented to facilitate this.
2. The Parties recognise the importance of timely payments for the development of trade and undertake to ensure that neither Colombia nor any Member State of CARICOM will establish undue impediments to the prompt payment for goods traded pursuant to t o this Agreement.
Appears in 1 contract
Samples: Trade, Economic and Technical Cooperation Agreement