Common use of Fundamental Principles Clause in Contracts

Fundamental Principles. ACP-EC cooperation, underpinned by a legally binding system and the existence of joint institutions, shall be exercised on the basis of the following fundamental principles: – equality of the partners and ownership of the development strategies: for the purposes of implementing the objectives of the partnership, the ACP States shall determine the development strategies for their economies and societies in all sovereignty and with due regard for the essential elements described in Article 9; the partnership shall encourage ownership of the development strategies by the countries and populations concerned; – participation: apart from central government as the main partner, the partnership shall be open to different kinds of other actors in order to encourage the integration of all sections of society, including the private sector and civil society organisations, into the mainstream of political, economic and social life; – the pivotal role of dialogue and the fulfilment of mutual obligations: the obligations assumed by the Parties in the framework of their dialogue shall be central to their partnership and cooperation relations; – differentiation and regionalisation: cooperation arrangements and priorities shall vary according to a partner's level of development, its needs, its performance and its long-term development strategy. Particular emphasis shall be placed on the regional dimension. Special treatment shall be given to the least-developed countries. The vulnerability of landlocked and island countries shall be taken into account.

Appears in 4 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Fundamental Principles. ACP-EC cooperation, underpinned by a legally binding system and the existence theexistence of joint institutions, shall be exercised on the basis of the ofthe following fundamental principles: - equality of the partners and ownership of the development strategiesdevelopmentstrategies: for the purposes of implementing the objectives of the partnershipthepartnership, the ACP States shall determine the development strategies developmentstrategies for their economies and societies in all sovereignty and with andwith due regard for the essential elements described in Article 9; the partnership shall encourage ownership of the development strategies developmentstrategies by the countries and populations concerned; - participation: apart from central government as the main partner, ,the partnership shall be open to different kinds of other actors in order inorder to encourage the integration of all sections of society, ,including the private sector and civil society organisations, into the intothe mainstream of political, economic and social life; - the pivotal role of dialogue and the fulfilment of mutual obligationsmutualobligations: the obligations assumed by the Parties in the framework of frameworkof their dialogue shall be central to their partnership and cooperation andcooperation relations; - differentiation and regionalisation: cooperation arrangements and priorities andpriorities shall vary according to a partner's level of development, ,its needs, its performance and its long-term development strategy. Particular emphasis shall be placed on the regional dimension. Special treatment shall be given to the least-developed countries. The vulnerability of landlocked and island countries shall be taken into takeninto account.

Appears in 1 contract

Samples: images.policy.mofcom.gov.cn

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Fundamental Principles. ACP-EC cooperation, underpinned by a legally binding system and the existence of joint institutions, shall be exercised on the basis of the following fundamental principles: - equality of the partners and ownership of the development strategies: for the purposes of implementing the objectives of the partnership, the ACP States shall determine the development strategies for their economies and societies in all sovereignty and with due regard for the essential elements described in Article 9; the partnership shall encourage ownership of the development strategies by the countries and populations concerned; - participation: apart from central government as the main partner, the partnership shall be open to different kinds of other actors in order to encourage the integration of all sections of society, including the private sector and civil society organisations, into the mainstream of political, economic and social life; - the pivotal role of dialogue and the fulfilment of mutual obligations: the obligations assumed by the Parties in the framework of their dialogue shall be central to their partnership and cooperation relations; - differentiation and regionalisation: cooperation arrangements and priorities shall vary according to a partner's level of development, its needs, its performance and its long-term development strategy. Particular emphasis shall be placed on the regional dimension. Special treatment shall be given to the least-developed countries. The vulnerability of landlocked and island countries shall be taken into account.

Appears in 1 contract

Samples: Treaty Series 2003

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