Acknowledging binding arbitration as a means of resolution for a dispute arising under this agreement, there shall be no form of strike.
Acknowledging the importance of cooperation between the Participants, in order to prevent breaches of customs laws and for the protection of the economic, fiscal, social, environmental and commercial interests of their respective countries, including ensuring appropriate and efficient customs duty collection; - the importance of achieving a balance between compliance and facilitation to ensure the free flow of legitimate trade and travel and to meet the needs of governments to ensure the protection of society, nationhood and revenues; - their commitment to the objectives of the Customs Co-operation Council, now known as the World Customs Organization (WCO); - the relevant instruments of the WCO, in particular the Recommendation concerning mutual administrative assistance of 5 December 1953 and the Cyprus Declaration of June 2000 on the Improvement of Customs Cooperation and Mutual Administrative Assistance; and RECOGNISING: - that the revised International Convention on the Simplification and Harmonization of Customs Procedures 2000 (Kyoto Convention) provides an essential framework for modern, efficient customs procedures, including the governing principles that commit customs administrations to provide transparency and predictability to all persons involved in international trade; - the Participants’ desire to cooperate to the maximum extent possible in taking action to prevent and detect prohibited/restricted goods crossing their respective borders and any other customs offences; - that close contact between the Participants is to their mutual domestic and international benefit; - the provisions of the WCO Framework of Standards to Secure and Facilitate Global Trade; - that international trade will be facilitated by the adoption of modern control methods, including risk management, by the Participants; - that the global exchange of information is an essential component of effective risk management and the exchange of such information should be based on clear legal provisions; - the need for international cooperation to mitigate the threat of terrorist activity to world supply chains and for efforts to combat trans-border criminal activity; - the United Nations Universal Declaration of Human Rights of 1948. Have reached the following understandings: Definitions
Acknowledging. 14. The desirability of setting standards for procedures by which the CCC can act as a forum for the exchange of views, consultations, and conciliations on matters relating to unfair trade practices affecting COMESA regional and international trade;
Acknowledging. If any family member signals a time-out, we will immediately acknowledge that by calmly returning the signal.
Acknowledging. The contribution of the Republic of Turkey to the resources of the Commission;
Acknowledging. The disproportionate impacts of indoor air pollution on the health of women and children in southern Africa;
Acknowledging. The rights of local communities to associated traditional knowledge on biological resources and its contribution to science, technology and innovation: The parties hereby agree as follows:
Acknowledging the paramount importance of increasing energy efficiency and deploying renewable and clean energy production for securing energy supplies to ensure economic growth with reduced GHG emissions; - the role that natural gas and liquefied natural gas ("LNG") can play in the energy transition, in particular through mitigating climate change when replacing other polluting fossil fuels and through providing flexible back-up to variable renewable energy production; and - the growing importance of LNG for enhancing energy security at affordable prices for all market participants; RECOGNIZING - that the world's LNG demand has been increasing and is expected to grow rapidly and that the number of LNG exporting and importing countries will increase as well; - that the large amount of additional LNG exports from current and new suppliers is likely to change the physical flows of LNG trades world-wide and integrate European, North American and Asian natural gas markets; - that, in addition to long term contracts, spot transactions and short-term contracts have become increasingly common in line with the development of the global LNG market and are expected to be more important for assuring flexible transactions as well as emergency responses, resulting in stronger needs for a transparent, liquid and efficient LNG market; and - that the possible contribution of natural gas and LNG to the reduction of greenhouse gas emissions will be enhanced through minimising methane emissions along the natural gas and LNG value chain; NOTING - that a liquid, flexible and transparent LNG market is beneficial to both importing and exporting countries; - that a fruitful producer-consumer dialogue is essential to the effective development of a truly liquid global LNG market and to the role that such a market can play in addressing global energy security and sustainability concerns; and - the importance of effective competition, and compliance with competition rules, for the development of a liquid, flexible and transparent global LNG market; Intend to cooperate as set out below:
