Common use of Objective and Scope Clause in Contracts

Objective and Scope. Recognising the impact which their respective regulatory environment may have on trade between them, the Parties shall pursue an efficient and predictable regulatory environment for economic operators, especially small ones doing business in their territories. The Parties, reaffirming their respective commitments under the WTO Agreement, hereby lay down clarifications and improved arrangements for trans- parency, consultation and better administration of measures of general application, in so far as these may have an impact on any matter covered by this Agreement.

Objective and Scope. Recognising the impact which their respective regulatory environment may have on trade between them, the Parties shall pursue an efficient and predictable regulatory environment for economic operators, especially small ones doing business in their territories. The Parties, reaffirming their respective commitments under the WTO Agreement, hereby lay down clarifications and improved arrangements for trans- parencytransparency, consultation and better administration of measures of general application, in so far as these may have an impact on any matter covered by this Agreement.