Common use of Compatibility and Equivalence Clause in Contracts

Compatibility and Equivalence. 1. At the request of a Party, the other Party shall, to the extent possible and by appropriate means, endeavor to promote the compatibility of the specific technical regulations and conformity assessment procedures that exist in its territory with the technical regulations and conformity assessment procedures that apply to products identified in the territory of that Party. 2. Each Party shall favorably consider accepting as equivalent the technical regulations of the other Party, even if they differ from its own, provided that it is satisfied that such regulations adequately fulfill the legitimate objectives of its own technical regulations. 3. Each Party shall give favorable consideration to the request of the other Party to negotiate, whenever possible, agreements for mutual recognition of the results of conformity assessment procedures, adopting, to the extent possible, recognized international practices in this area.

Appears in 2 contracts

Sources: Free Trade Agreement, Free Trade Agreement