Transparency and Consultations Clause Samples
The 'Transparency and Consultations' clause establishes a requirement for parties to openly share relevant information and engage in discussions regarding matters that affect their relationship or the subject of the agreement. In practice, this may involve regular meetings, timely disclosure of significant developments, or providing access to necessary documents to ensure all parties are adequately informed. The core function of this clause is to foster trust, facilitate informed decision-making, and prevent misunderstandings by ensuring open communication and collaborative problem-solving.
Transparency and Consultations. 1. Each Party shall endeavor, as appropriate, to share with another Party, on request, available information regarding a measure relating to trade in agricultural goods taken by a regional level of government in its territory that may have a significant effect on trade between those Parties.
2. At the request of another Party, a Party shall meet to discuss, and if appropriate, resolve, matters arising from grade, quality, technical specifications, and other standards as they affect trade between the Parties.
Transparency and Consultations. 1. The Contracting Parties shall consult on any matter relating to the application or interpretation of this Agreement.
2. Both Contracting Parties shall, within the extent possible to its laws and regulations, which may affect the investments of investors of the other Contracting Party in the territory of the first Contracting Party shall promptly publish so as to enable interested parties had knowledge thereof.