Common use of Joint Operations Clause in Contracts

Joint Operations. 1. On imports, exports and transit of goods, where the extent of the trade and the related risk to taxes and subsidies is such that the potential financial loss to the budget of the Contracting Parties is considerable, those Parties may agree to conduct joint cross-border operations for the prevention and prosecution of illegal activities to which this Agreement applies.

Joint Operations. 1. On imports, exports and transit of goods, where the extent volume of the trade transactions and the related risk to resultant risks in terms of taxes and subsidies is grants are such that the potential financial loss there are likely to be major losses to the budget of the Contracting Parties is considerableParties, those Parties may agree to conduct joint cross-border operations for the prevention and prosecution of illegal activities to which this Agreement applies.