Common use of General Objectives Clause in Contracts

General Objectives. 1. The Parties agree to establish a framework for cooperative activities as a means to expand and enhance the benefits of this Agreement and to build a strategic economic partnership. 2. The Parties will establish close cooperation aimed inter alia at: (a) strengthening and building on existing cooperative relationships; (b) creating new opportunities for trade and investment, and for promoting competitiveness, fostering innovation and encouraging research and development;