Common use of General Objectives Clause in Contracts

General Objectives. 1. The Parties shall establish close co-operation aimed inter alia at: (a) promoting economic and social development; (b) stimulating productive synergies, creating new opportunities for trade and investment and promoting competitiveness and innovation; and (c) increasing and deepening the collaboration activities between the Parties in areas of mutual interest. 2. The Parties reaffirm the importance of all forms of co-operation as a means to contribute to implementing the objectives of this Agreement.