COOPERATION FRAMEWORK. 1. The Parties agree to establish a dialogue on labour matters of mutual interest and may explore opportunities for cooperation. Such dialogue and cooperation shall be subject to the availability of resources, the respective priorities of the Parties and their respective domestic laws and regulations. 2. Taking into account the Parties’ interest and expertise in labour related areas, the Parties may jointly decide specific cooperative activities which may be implemented through a variety of means, such as the exchange of best practices and information, joint projects, studies, visits, workshops and dialogues as the Parties may agree. If the cooperative activities need funding, it shall be decided by the Parties on a case-by-case basis, and according to the respective priorities of the Parties, their domestic laws and regulations and budget available. 3. Each Party may, as appropriate, invite the participation of its stakeholders in identifying potential areas for cooperation and in undertaking cooperative activities.
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Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding