Common use of Trade monitoring Clause in Contracts

Trade monitoring. 1. The Contracting Parties shall consult and inform each other on their own initiative of any suspicion that controlled substances may be diverted to the illicit manufacture of narcotic drugs or psychotropic substances, in particular when a shipment occurs in unusual quantities or under unusual circumstances. 2. With regard to the controlled substances listed in Annex A to this Agreement, the competent authority of the exporting Contracting Party shall, at the same time as the export authorization is issued and prior to the departure of the consignment, forward a copy of the export authorization to the competent authority of the importing Contracting Party. Specific information shall be provided where the operator benefits, in the exporting country, from an open individual authorization covering multiple export operations. 3. With regard to the controlled substances listed in Annex B to this Agreement, the export shall be authorized only when the importing Contracting Party has given its consent. 4. The Contracting Parties undertake to provide, reciprocally and in good time, due feedback on any information provided or measure requested under this Article. 5. When implementing the abovementioned trade control measures, the legitimate interests of trade shall be duly respected. In particular, in cases covered by paragraph 3, the reply by the importing Contracting Party shall be provided within 15 working days after the reception of the message from the exporting Contracting Party. The absence of a reply within this delay shall be deemed as granting an import authorization. The refusal to grant an import authorization shall be notified in writing to the exporting Contracting Party within this delay and must be substantiated.

Trade monitoring. 1. The Contracting Parties shall consult and inform each other on their own initiative of any suspicion that controlled substances may be diverted to the illicit manufacture manu- facture of narcotic drugs or psychotropic substances, in particular when a shipment occurs in unusual quantities or under unusual circumstances. 2. With regard to the controlled substances listed in Annex A to this Agreement, the competent authority of the exporting Contracting Party shall, at the same time as the export authorization authorisation is issued and prior to the departure depar- ture of the consignment, forward a copy of the export authorization authorisation to the competent authority of the importing Contracting Party. Specific information shall be provided where the operator benefits, benefits in the exporting country, country from an open a general individual authorization authorisation covering multiple various export operations. 3. With regard to the controlled substances listed in Annex B to this Agreement, the export shall be authorized author- ised only when the importing Contracting Party has given granted its consent. 4. The Contracting Parties undertake to provide, reciprocally recip- rocally and in good time, due any feedback on any information provided or measure measures requested under this Article. 5. When implementing the abovementioned trade control measures, the legitimate interests of trade shall be duly respected. In particular, in cases covered by paragraph 3, the reply by the importing Contracting Party shall be provided within 15 working days after of receiving the reception of the message communication from the exporting Contracting Party. The absence of a reply within this delay period shall be deemed as equivalent to the granting of an import authorizationauthorisation. The refusal to grant an import authorization authorisation shall be notified in writing to the exporting Contracting Party within this delay period and must be substantiated.

Trade monitoring. 1. The Contracting Parties shall consult and inform each other on their own initiative of any suspicion whenever they have reasonable grounds to believe that controlled substances may be diverted to the illicit manufacture of narcotic drugs or psychotropic substances, in particular when a shipment occurs in unusual quantities or under unusual circumstances. 2. With regard to the controlled substances listed in Annex A to this Agreement, the competent authority of the exporting Contracting Party shall, at the same time as the export authorization authorisation is issued and but prior to the departure of the consignment, forward a copy of the export authorization authorisation to the competent authority of the importing Contracting Party. Specific information shall be provided where the operator benefits, in the exporting country, from an open individual authorization authorisation covering multiple export operations. 3. With regard to the controlled substances listed in Annex B to this Agreement, the competent authority of the exporting Contracting Party shall forward a copy of the export authorisation to the competent authority of the importing Contracting Party and the export shall be authorized authorised only when the importing Contracting Party has given its consent. 4. The Contracting Parties undertake to provideprovide each other, reciprocally and in good timeas soon as possible, with due feedback on any information provided or measure requested under this Article. 5. When implementing the abovementioned trade control measures, the legitimate interests of trade shall be duly respected. In particular, in cases covered by paragraph 3, the reply by the importing Contracting Party shall be provided within 15 working days after the reception receipt of the message from the exporting Contracting Party. The absence of a reply within this delay period shall be deemed as considered equivalent to granting an import authorizationauthorisation. The refusal to grant an import authorization authorisation shall be notified in writing to the exporting Contracting Party within this delay and must be substantiatedperiod, giving the reasons for refusal.