Common use of Statement of Shared Commitment Clause in Contracts

Statement of Shared Commitment. 1. The Parties reaffirm their obligations as members of the International Labor Organization ("ILO") and their commitments under the ILO Declaration on Fundamental Principles and Rights at Work and its Follow-up. (17-1) Each Party shall strive to ensure that such labor principles and the internationally recognized labor rights set forth in Article 17.7 are recognized and protected by domestic law. 2. Recognizing the right of each Party to establish its own domestic labor standards, and to adopt or modify accordingly its labor laws and regulations, each Party shall strive to ensure that its laws provide for labor standards consistent with the internationally recognized labor rights set forth in Article 17.7 and shall strive to improve those standards in that light. (17-1) The Parties recall that paragraph 5 of this ILO Declaration states that labor standards should not be used for protectionist trade purposes.

Statement of Shared Commitment. 1. The Parties reaffirm their obligations as members of the International Labor Organization ("ILO") and their commitments under the ILO Declaration on Fundamental Principles and Rights at Work and its Follow-upup (1998) ("ILO Declaration"). (17-1) Each Party shall strive to ensure that such labor principles and the internationally recognized labor rights set forth in Article 17.7 15.7 are recognized and protected by domestic its law. 2. Recognizing the right of each Party to establish its own domestic labor standards, and to adopt or modify accordingly its labor laws and regulationslaws, each Party shall strive to ensure that its laws provide for labor standards consistent with the internationally recognized labor rights set forth in Article 17.7 15.7 and shall strive to improve those standards in that light. (17-1) The Parties recall that paragraph 5 of this ILO Declaration states that labor standards should not be used for protectionist trade purposes.