Underlying Principles. 1.1 The Contracting Parties reaffirm that their cooperation in the Tumen River Economic Development Area is based on the common interests of their governments to increase mutual benefits, to strengthen economic and technical cooperation and to attain greater growth and sustainable development for the peoples and countries in the Tumen River Economic Development Area. 1.2 The Contracting Parties shall implement this agreement of the basis of the principles of international laws governing relations between states, notably mutual respect of the sovereignty and independence of all states, equality, mutual benefit and good neighborliness. 1.3 The Contracting Parties shall work to ensure that the Tumen River Economic Development Area is attractive for international investment, trade and business.
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Sources: Agreement on the Establishment of the Tumen River Area Development Coordination Committee, Agreement on the Establishment of the Tumen River Area Development Coordination Committee