Common use of Shared Commitments Clause in Contracts

Shared Commitments. 1. The Parties reaffirm their obligations as members of the ILO and their commitments under the ILO Declaration. 2. Recognizing the right of each Party to establish its own labor standards and, consequently, to adopt or amend its labor legislation, each Party shall endeavor to ensure that its laws establish labor standards consistent with internationally recognized labor rights. 3. The Parties shall promote the implementation of the 2011 United Nations Guiding Principles on Business and Human Rights. 4. The Parties recognize that it is inappropriate to establish or use their laws, regulations, policies and labor practices for protectionist trade purposes. 5. The Parties recognize that non-discrimination and gender equity are fundamental considerations in promoting inclusive and sustainable economic growth and in generating more employment opportunities, income and prospects for all citizens. Likewise, the Parties shall make efforts to adopt policies that remove systemic obstacles to the full participation of women and vulnerable groups in the labor market.