5. The parties may agree to cooperate in other areas of common interest than those covered in this agreement. Cooperation in other areas is provided through the relevant authorities of each party and by appointment. Aware of the growing importance of trade and investment for the future prosperity of the economies of the Asia-Pacific region; The desire to contribute to the harmonious development and expansion of world trade and to create a catalyst for greater international cooperation; While a member of the EU, the UK was automatically part of some 40 trade agreements that the EU has concluded with more than 70 countries. 1. For the purpose of full or partial compliance with its standards or criteria for the accreditation, license or certification of service providers, and subject to the requirements of paragraph 4, a party may recognize the training or experience acquired, the requirements met or the licences or certifications issued in a given country, including other parties and non-contracting parties. Such recognition, which can be achieved through harmonization or other means, may be based on an agreement or agreement with the country concerned or granted independently. Discover the current trade relationship between the EU and Singapore 3. Contracting parties may, by mutual agreement, amend the internal regulations for certain procedures. (d) immediately address all bilateral issues raised by one of the parties with a view to improving cooperation and consultation between the parties and facilitating exchanges between the parties; It is part of a wider framework of trade negotiations for the UK as it tries to reiterate trade pacts that will end after the end of the EU transitional period. 1.
In order to facilitate trade and implementation of this chapter, as well as cooperation between the parties, each party appoints an OBT coordinator to coordinate and communicate with the other party`s OBT coordinator on all issues related to this chapter. The tasks of obT co-ordinators include: 2. If the parties fail to agree on compensation within 30 days of the start of the consultations, the exporting party may suspend the application of concessions substantially equivalent to the trade of the party applying the safeguard measure. 1. The parties recognize the importance of cooperation and coordination in promoting effective competition law and policy-making in the free trade area and agree to cooperate on these issues in accordance with the provisions of this chapter and subject to their respective national legislation. The agreement is also the UK`s first with a member of the Association of Southeast Asian Nations. The RCEP establishes a modern, comprehensive, quality and mutually beneficial economic partnership that builds on ASEAN`s existing bilateral agreements with its five partners in the Free Trade Agreement (FTA). The RCEP, which accounts for about 30% of the world`s gross domestic product (GDP) and accounts for nearly one-third of the world`s population, is the world`s largest free trade agreement to date. As an important regional agreement, the Singapore RCEP will complement the existing network of free trade agreements, expand our economic space and stimulate trade and investment flows. Free trade agreements are treaties that facilitate trade and investment between two or more economies. Singapore has an open economy, fuelled by trade in goods and services. Over the years, it has established an extensive network of 25 agreements implemented.
Cross-border delivery of cross-border services or services: 5.