Common use of Work Programme Clause in Contracts

Work Programme. 1. The Parties shall enter into discussions on: (a) schedules of reservations to this Chapter; and (b) treatment of investment in services which does not qualify as commercial presence in Chapter 8 (Trade in Services). 2. The Parties shall also enter into discussions with a view to agreeing on: (a) the application of most-favoured-nation treatment to this Chapter, including to those schedules of reservations; and (b) procedures for the modification of schedules of reservations. 3. The Parties shall conclude the discussions referred to in Paragraphs 1 and 2 within five years from the date of entry into force of this Agreement unless the Parties otherwise agree. These discussions shall be overseen by the Investment Committee established pursuant to Article 17 (Committee on Investment). 4. Schedules of reservations to this Chapter referred to in Paragraph 1 shall enter into force on a date agreed to by the Parties. 5. Notwithstanding anything to the contrary in this Chapter, Article 4 (National Treatment) and Article 12 (Reservations) shall not apply until the Parties' schedules of reservations to this Chapter have entered into force in accordance with Paragraph 4.

Work Programme. 1. The Parties shall enter into discussions on: (a) schedules of reservations to this Chapter; and (b) treatment of investment in services which does not qualify as commercial presence in Chapter 8 (Trade in Services). 2. The Parties shall also enter into discussions with a view to agreeing on: (a) the application of most-favoured-nation treatment to this Chapter, including to those schedules of reservations; and (b) procedures for the modification of schedules of reservations. 3. The Parties shall conclude the discussions referred to in Paragraphs 1 and 2 within five years from the date of entry into force of this Agreement unless the Parties otherwise agree. These discussions shall be overseen by the Investment Committee established pursuant to Article 17 (Committee on Investment). 4. Schedules of reservations to this Chapter referred to in Paragraph 1 shall enter into force on a date agreed to by the Parties. 5. Notwithstanding anything to the contrary in this Chapter, Article 4 (National Treatment) and Article 12 (Reservations) shall not apply until the Parties' ’ schedules of reservations to this Chapter have entered into force in accordance with Paragraph 4.