Common use of Shared Resources Clause in Contracts

Shared Resources. (1) Contracting Parties that share natural resources shall cooperate concerning their conservation and harmonious utilization, taking into account the sovereignty, rights and interests of the Contracting Parties concerned in accordance with generally accepted principles of international law. (2) To that end, they shall, in particular (a) cooperate with a view to controlling, preventing reducing or eliminating adverse environmental effects which may result in one Contracting Party from the utilization of such resources in another Party;