PURPOSE AND OBJECTIVE. 1. The purpose of this Agreement is to provide a favourable arrangement for facilitating transit traffic through the territories of the States of the Contracting Parties. 2. The Contracting Parties shall take all necessary measures: (a) For expeditious movement of transit traffic and for the avoidance of unnecessary delays to transit traffic through the territories of their States; (b) To reduce cost on mutually agreed transit traffic conducted via the territories of their States; and (c) To bring about simplification and harmonization of Customs and other relevant documentation and procedures relating to transit traffic through the territories of their States, in accordance with international standards recognized and accepted by the Contracting Parties.
Appears in 1 contract
Sources: Draft Transit Traffic Agreement
PURPOSE AND OBJECTIVE. 1. The purpose of this Agreement is to provide a favourable arrangement arrange ment for facilitating transit traffic through the territories of the States of the Contracting Parties.
2. The Contracting Parties shall take all necessary measures:
(a) For expeditious movement of transit traffic and for the avoidance of unnecessary delays to transit traffic through the territories of their States;
(b) To reduce the cost on mutually agreed of transit traffic conducted via the territories of their States; and
(c) To bring about simplification and harmonization of Customs and other relevant documentation and procedures relating to transit traffic through the territories of their States, in accordance with international standards recognized and accepted by the Contracting Parties.
Appears in 1 contract
Sources: Transit Traffic Agreement
PURPOSE AND OBJECTIVE. 1. The purpose of this Agreement is to provide a favourable the most stable arrangement for facilitating transit traffic through the territories of the States of the Contracting Parties.
2. The Contracting Parties shall take all necessary measures:
(a) For for expeditious movement of transit traffic and for the avoidance of unnecessary delays to transit traffic through the territories of their the States;
(b) To to reduce cost on mutually agreed transit traffic conducted via the territories of their the States; and
(c) To to bring about simplification and harmonization of Customs and other relevant administrative documentation and procedures relating relevant to transit traffic through the territories of their the States, in accordance with international standards recognized and accepted by the Contracting Parties.
Appears in 1 contract
PURPOSE AND OBJECTIVE. 1. The purpose of this Agreement is to provide a favourable arrangement for facilitating transit traffic through the territories of the States of the Contracting Parties.
2. The Contracting Parties shall take all necessary measures:
(a) For expeditious movement of transit traffic and for the avoidance of unnecessary delays to transit traffic through the territories of their States;
(b) To reduce cost on mutually agreed transit traffic conducted via the territories of their States; and
(c) To bring about simplification and harmonization of Customs and other relevant administrative documentation and procedures relating relevant to transit traffic through the territories of their States, in accordance with international standards recognized and accepted by the Contracting Parties.
Appears in 1 contract
PURPOSE AND OBJECTIVE. 1. The purpose of this Agreement is to provide a favourable the most stable arrangement for facilitating transit traffic through the territories of the States of the Contracting Parties.
2. The Contracting Parties shall take all necessary measures:
(a) For for expeditious movement of transit traffic and for the avoidance of unnecessary delays to transit traffic through the territories of their the States;
(b) To to reduce cost on mutually agreed transit traffic conducted via the territories of their the States; and
(c) To to bring about simplification and harmonization of Customs customs and other relevant administrative documentation and procedures relating relevant to transit traffic through the territories of their the States, [in accordance with internationally recognised standards] [in accordance with international standards recognized and jointly accepted by the Contracting Parties].
Appears in 1 contract
Sources: Transit Traffic Framework Agreement