Objectives and Principles Clause Samples
The 'Objectives and Principles' clause defines the overarching goals and guiding values that shape the interpretation and implementation of the agreement. It typically outlines the parties' shared intentions, such as promoting cooperation, ensuring compliance with certain standards, or achieving specific project outcomes. By establishing a common framework and reference point, this clause helps align expectations and provides context for resolving ambiguities or disputes that may arise during the contract's execution.
Objectives and Principles. With the objectives of facilitating trade and promoting customs co-operation on a bilateral and multilateral basis, the Parties agree to co-operate and to adopt and apply their import, export and transit requirements and procedures for goods on the basis of the following objectives and principles:
(a) in order to ensure that import, export and transit requirements and procedures for goods are efficient and proportionate;
(i) each Party shall adopt or maintain expedited customs procedures while maintaining appropriate customs control and selection procedures;
(ii) import, export and transit requirements and procedures shall be no more administratively burdensome or trade restrictive than necessary to achieve legitimate objectives;
(iii) each Party shall provide for clearance of goods with a minimum of documentation and make electronic systems accessible to customs users;
(iv) each Party shall use information technology that expedites procedures for the release of goods;
(v) each Party shall ensure that its customs authorities and agencies involved in border controls including import, export and transit matters, co-operate and co-ordinate their activities; and
(vi) each Party shall provide that the use of customs brokers is optional.
(b) import, export and transit requirements and procedures shall be based on international trade and customs instruments and standards which the Parties have accepted;
(i) international trade and customs instruments and standards shall be the basis for import, export and transit requirements and procedures, where such instruments and standards exist, except when they would be an inappropriate or ineffective means for the fulfilment of the legitimate objectives pursued; and
(ii) data requirements and processes shall be progressively used and applied in accordance with World Customs Organization (hereinafter referred to as the “WCO”) Customs Data Model and related WCO recommendations and guidelines;
(c) requirements and procedures shall be transparent and predictable for importers, exporters and other interested parties;
(d) each Party shall consult in a timely manner with representatives of the trading community and other interested parties, including on significant new or amended requirements and procedures prior to their adoption;
(e) risk management principles or procedures shall be applied to focus compliance efforts on transactions that merit attention;
(f) each Party shall co-operate and exchange information for the purpose...
Objectives and Principles. 1. The Parties acknowledge the importance of customs and trade facilitation matters in the evolving global trading environment.
2. The Parties shall, to the extent possible, cooperate and exchange information, including information on best practices, to promote the application of and compliance with the trade facilitation measures in this Agreement.
3. Measures to facilitate trade shall not hinder mechanisms to protect a person through effective enforcement of and compliance with a Party's law.
4. Import, export and transit requirements and procedures shall be no more administratively burdensome or trade restrictive than necessary to achieve a legitimate objective.
5. Existing international trade and customs instruments and standards shall be the basis for import, export and transit requirements and procedures, except if these instruments and standards would be an inappropriate or ineffective means for the fulfilment of the legitimate objective pursued.
Objectives and Principles. Article 1
Objectives and Principles. 1 The aim of this Agreement of association is to promote a continuous and balanced strengthening of trade and economic relations between the Contracting Parties with equal conditions of competition, and the respect of the same rules, with a view to creating a homogeneous European Economic Area, hereinafter referred to as the EEA.
Objectives and Principles a) The objectives of the RIM approach are:
i. To support the achievement of the principles of the Master Agreement;
ii. To facilitate joint learning, and proactive and adaptive actions;
iii. To inform the allocation of human and financial resources in an efficient and effective manner.
b) Key principles include:
i. The nature and intensity of Bilateral Water Management is commensurate with the nature and intensity of the risks to and uses of Transboundary Waters;
ii. Bilateral Water Management is based on a mutual understanding of the Ecological Integrity of the Aquatic Ecosystem;
iii. Bilateral Water Management builds on the Jurisdictional Water Management actions of each Party as required to achieve the commitments of this Agreement.
Objectives and Principles. 1. With the objectives of harmonizing rules of origin and, inter alia, providing more certainty in the conduct of world trade, the Ministerial Conference shall undertake the work programme set out below in conjunction with the CCC, on the basis of the following principles:
(a) rules of origin should be applied equally for all purposes as set out in Article 1;
(b) rules of origin should provide for the country to be determined as the origin of a particular good to be either the country where the good has been wholly obtained or, when more than one country is concerned in the production of the good, the country where the last substantial transformation has been carried out;
(c) rules of origin should be objective, understandable and predictable;
(d) notwithstanding the measure or instrument to which they may be linked, rules of origin should not be used as instruments to pursue trade objectives directly or indirectly. They should not themselves create restrictive, distorting or disruptive effects on international trade. They should not pose unduly strict requirements or require the fulfilment of a certain condition not relating to manufacturing or processing as a prerequisite for the determination of the country of origin. However, costs not directly related to manufacturing or processing may be included for purposes of the application of an ad valorem percentage criterion;
(e) rules of origin should be administrable in a consistent, uniform, impartial and reasonable manner;
(f) rules of origin should be coherent;
(g) rules of origin should be based on a positive standard. Negative standards may be used to clarify a positive standard.
(a) The work programme shall be initiated as soon after the entry into force of the WTO Agreement as possible and will be completed within three years of initiation.
(b) The Committee and the Technical Committee provided for in Article 4 shall be the appropriate bodies to conduct this work.
(c) To provide for detailed input by the CCC, the Committee shall request the Technical Committee to provide its interpretations and opinions resulting from the work described below on the basis of the principles listed in paragraph 1. To ensure timely completion of the work programme for harmonization, such work shall be conducted on a product sector basis, as represented by various chapters or sections of the Harmonized System (HS) nomenclature.
Objectives and Principles. 1.1 This MRA Framework lays down the broad principle and framework for the negotiations of bilateral or multilateral MRAs on Accountancy Services between or among ASEAN Member States.
1.2 The objectives of this MRA Framework are:
1.2.1 To facilitate the negotiations of MRAs on Accountancy Services between or among ASEAN Member States by providing a structure towards the conclusion of such MRAs; and
1.2.2 To exchange information in order to promote and take into consideration the development of the best practices on standards and qualifications in the accountancy profession.
1.3 In achieving the above objectives, ASEAN Member States shall be guided by the following principles:
1.3.1 Promoting efficiency and quality of standards of the accountancy profession in ASEAN Member States;
1.3.2 Enhancing cooperation in the accountancy profession among ASEAN Member States;
1.3.3 Respecting and conforming with the Domestic Regulations of the participating ASEAN Member States without lowering the standards and requirements of the accountancy profession in each ASEAN Member State; and
1.3.4 All negotiations between or among ASEAN Member States for the conclusion of bilateral or multilateral MRAs on Accountancy Services shall be based on objectivity, fairness and reciprocity.
Objectives and Principles. The Objectives of this Agreement are to promote and enhance mutual trade and economic cooperation among Contracting States by, inter-alia:
Objectives and Principles. 1. With the objectives of facilitating trade under this Agreement and cooperating in pursuing trade facilitation initiatives on a multilateral and hemispheric basis, Canada and Costa Rica agree to administer their import and export processes for goods traded under this Agreement on the basis that:
(a) procedures be efficient to reduce costs for importers and exporters and simplified where appropriate to achieve such efficiencies;
(b) procedures be based on any international trade instruments or standards to which the Parties have agreed;
(c) entry procedures be transparent to ensure predictability for importers and exporters;
(d) measures to facilitate trade also support mechanisms to protect persons through effective enforcement of and compliance with national requirements;
(e) the personnel and procedures involved in those processes reflect high standards of integrity;
(f) the development of significant modifications to procedures of a Party include, in advance of implementation, consultations with the representatives of the trading community of that Party;
(g) procedures be based on risk assessment principles to focus compliance efforts on transactions that merit attention, thereby promoting effective use of resources and providing incentives for voluntary compliance with the obligations to importers and exporters; and
(h) the Parties encourage cooperation, technical assistance and the exchange of information, including information on best practices, for the purpose of promoting the application of and compliance with the trade facilitation measures agreed upon under this Agreement.
Objectives and Principles. 1. Guided by their mutual interests and their medium- and long-term economic objectives, the Parties shall promote economic cooperation in such a way as to help to expand their economies, increase their international competitiveness, ▇▇▇▇▇▇ technical and scientific development, improve their standards of living, establish conditions conducive to job creation and job quality and diversify and strengthen economic links between them.
2. The Parties shall encourage the conferring of a regional character on any aspect of cooperation which, by virtue of its scope or economies of scale, results in what they consider to be a more rational and efficient use of available resources and a better outcome.
3. Economic cooperation between the Parties shall have as wide a basis as possible. No sector shall be excluded from the outset, and account shall be taken of the Parties' priorities, mutual interest and areas of competence.
4. In the light of the foregoing, the Parties shall cooperate in all areas which will ▇▇▇▇▇▇ economic and social links and networks between them and which will bring their economies closer together, as well as in all areas in which there is a transfer of specific know-how relating to regional integration.
5. Within the framework of such cooperation, the Parties shall promote the exchange of information on their respective economic indicators.
6. The Parties shall pay attention to protection of the environment and the ecological balance in all their cooperation activities.
7. A regard for social development, particularly the promotion of fundamental social rights, shall motivate the steps taken by the Parties in this field.