Common use of Forestry Clause in Contracts

Forestry. 1. The Parties, recognizing that stable supply and sound trade of forest products is a critical element of the bilateral strategic relationship, shall promote mutual cooperation in enhancing the security of supply of forest products between the Parties, through: (a) working collectively to secure the stable supply of forest products; (b) making best efforts to avoid any export restrictive measures on forest products unless such measures are presented with reasonable justifications; (c) promoting the trade of forest products from legal sources; and (d) promoting and facilitating mutual investment in the field of forestry, including forest plantation and wood processing industries. 2. The Parties shall endeavor to cooperate in the field of forestry. Such cooperation may include, but is not limited to, the following: (a) development, utilization, and sustainable management of forest resources; (b) cooperation on the conservation of natural ecosystem and restoration of rare or endangered species; (c) facilitating the cooperation on addressing problems regarding illegal logging and the common understanding on timber legality verification; (d) strengthening the exchange and cooperation on the storage techniques of forest germplasm resources; (e) promoting the development of the woody ornamental plants, tree seed and treeseedling industries; and (f) other fields of forestry which may be agreed through discussions by the Parties. 3. Types of cooperation may include, but are not limited to, the following: (a) experience sharing and information exchange in the areas of mutual interests; (b) promotion of joint fora, seminars, symposiums, conferences, research and development, education and training; (c) exchange of researchers, technicians, experts and officials; and (d) other types of cooperation as may be mutually determined by the Parties.