Common use of Key Commitments Clause in Contracts

Key Commitments. 1. The Parties respect the right of each Party to set, administer and enforce its own environmental laws, regulations, policies and practices according to its priorities. 2. The Parties agree that the primary purpose of their environmental laws, regulations, policies and practices should be to achieve environmental objectives, and it is inappropriate to either encourage trade and investment by weakening the effectiveness of their environmental laws and regulations or to set or use those laws and regulations for trade protectionist purposes. 3. The Parties recognise the desirability of clear and well understood sustainable development policies and practices and the utility of broad consultation in formulating these policies. 4. Each Party recognises the importance of promoting public awareness of its environmental laws, regulations, policies and practices.